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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?

To: Stuart T who wrote (23863)	4/13/2000 6:39:00 PM
From: Rande Is	Read Replies (3) \| Respond to of 57584

how do you distinguish a market downturn from a dip? When you consider quitting your day job. . .its a market top. When you dance or shout . . .its a peak. When your relatives call to ask 'what's going on?' . . .its a dip. When you question why you ever started trading stocks in the first place. . .its a market upturn. Rande Is

To: Stuart T who wrote (23863)	4/13/2000 7:37:00 PM
From: DlphcOracl	Read Replies (1) \| Respond to of 57584

Speaking of "buying on dips": one stock I hold that has REALLY gotten hammered is Gemstar. It was over $100 earlier in the year and closed today at $37. It is a profitable company with propritary technology and numerous patents in the realm of interactive TV. I think some of the selloff has been fear of the merger with TV Guide not going to completion. Both companies are committed to the merger, however. This looks like a steal at these levels. In this market, I don't know when to buy it, but it is worth tracking and considering. P.S. Management also considers it a steal. Gemstar CEO announced they will buy back $150 million worth of shares.