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


To: NY Stew who wrote (741)11/7/1999 9:58:00 AM
From: Scott Sorochak  Read Replies (1) | Respond to of 6516
 
If you are shorting this stock purely on technical analysis, you may want to reconsider.

(1) There are currently six analysts covering GMST, every single one them has a STRONG BUY on it.

(2) They'll earn .84 this year and I'll bet anything they blow through the 1.16 estimates for next with the integration of TV Guide

(3) The patents they hold are significant in the Interactive TV programming guides, as well as the underlying technology.

(4) Once TV Guide is completely integrated, there will be no one that will be close to the combined company in terms of market penetration either in the US or abroad. Even with the most conservative estimates, the numbers for next year will be crushed.

(5) The strength and depth of management here is second to none.

I think this thing is going to $150 plus in the next two quarters and it may not take that long.

Scott