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


To: Peter Sherman who wrote (800)11/11/1999 10:39:00 PM
From: Uncle Frank  Read Replies (2) | Respond to of 6516
 
>> still think deal must happen and therefore arb spread is a gift from the gods

You're probably more experienced at this than I, Peter, but I would think those arbitrage guys are pretty good at putting a value to the risk. With gmst looking more and more simian, I've opted to play the sure thing.

>> ENABLING TECHNOLOGY - MY SINE QUA NON FOR GORILLAHOOD --

You have that with Q, but I know of only 3 other Enabling Gorillas: msft, intc and csco. The G&K gang views gmst as a Software Gorilla, which is why it was acceptable to take a position pre-Tornado and still adhere to the spirit of the game.

jmho,
uf