Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: pompsander who wrote (1339)	1/1/2000 10:22:00 PM
From: RocketMan	Respond to of 6516

Add that to the $177 milion in free cash flow (FCF) I calculated for TVGIA in the other note and total FCF next year proforma for the merger is almost $300 million. I've been reading throught the Stevens report (thanks, DownSouth, for sending it to me), and their FY01 FCF estimate is $137 million. Of course, that was before the TVGIA deal, so if Direwolf's the estimate is true, and FCF goes as high as $300 million, that is over double the original Stevens estimate, and will be over 100% year to year change. Combined with the conservative analysis done by Stevens, this presents a very bullish prospectus for GMST this year. I really like the concept of IPGs as portals for the converged TV/internet markets. I have a Dish system and have been using their IPG for a couple of years. Don't know what I would do without it, and I'm sure the same is the case for cable. This means that as we continue to grow the interactive market, the page views will already be there, it's just a matter of adapting the portal for the best presentation. The more I read about this company the better I like it. I suspect it will be a while before the average investor understands what this company is about, which should continue to represent a good accumulation opportunity until they catch on. Have a great 2000, everyone!