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Technology Stocks : Gemstar Intl (GMST) -- Ignore unavailable to you. Want to Upgrade?


To: Uncle Frank who wrote (736)11/6/1999 10:33:00 PM
From: Lucrative  Read Replies (1) | Respond to of 6516
 
>>You have a different sense of Gemstar than I do.<<

That's certainly true. :)

>>It will be interesting to see which premise the market adopts. Just out of curiosity, would you mind listing the symbol for the put contracts you purchased so we can track your return against those of us who are bullish at 85 9/16?<<

I generally don't give out my exact trades. But I will say my put expires sometime next year.

I don't know what factors you used to remain bullish at this point. I agree that the company is very good. But at current levels, with deteriorating chart pattern, and 50 times sales, this stock has had it.

Good luck.