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


To: Teflon who wrote (2147)2/29/2000 7:03:00 PM
From: Stephen M. DeMoss  Read Replies (1) | Respond to of 6516
 
A dissapointing day, however, gmst is still in an uptrend. Higher high and higher low today. The closing ask is 783/4. The pullback was on about 100,000 shares and then it was accumulated down there from the weak hands. I would not be too down about it. The story is in tact, the stock is still under the radar screen and once the merger happens and strong earnings continue, we will see much better days. I don't see any reason to be too down today. I'll tell you if I do <G>. I like the fact that the general markets are stabilizing. Gmst lost little ground during the correction and once we get above 80, I think we will see a new range. Good luck to all long Gmst! Steve D.