SI
SI
discoversearch

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 (1991)2/13/2000 7:00:00 PM
From: RocketMan  Respond to of 6516
 
I agree. Keep in mind that the retail (non-institutional, non-insider) float on this stock is only around 4M shares, so that makes for a lot of volatility.



To: pompsander who wrote (1991)2/13/2000 7:49:00 PM
From: Stephen M. DeMoss  Respond to of 6516
 
In terms of options, Gmst is not heavily traded. I do think the stallout after earnings (down on good news) helped balance out the puts and calls. Last month Gmst made a strong run from 72-881/2, all in the last 6 trading days, closing at 80. If that pattern holds, the stock may trade to about 82 and close at 75. I was very pleased with the price action on Friday and hope we breakout above that 881/2 level this week. Once March and April come, I see us above 100 easily. Here's hoping for a strong week! Steve D.