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: tekboy who wrote (3085)	5/31/2000 4:56:00 AM
From: Jeff Bond	Respond to of 6516

>>What the (*&%! were they saying during the spring when it was substantially above that? That people should sell?<< Of course not silly, they were saying absolutely NOTHING, and selling their shares into the strength :o) One might claim I am cynical, but the ensuing correction had the flavor of a vacuum created by institutions pulling the plug on one of their "fully valued" recommendations. Steady and planned selling into strength on the front end, and a sustained and signifigant lack of institutional buying pressure on the backend could very well account for why GMST experienced such a signifigant fall. We have an opportunity to buy that did not exist less than 6 months ago. How investors look at the glass of water is a matter of their perspective ... I had one critical issue to clear up (which was satisfied by "the threads own personal analyst team", thanks are in order :o) Currently, I see the glass of water as being half full ... as soon as the merger is complete, the cup shall runneth over. Regards, JB P.S. There is no doubt in my mind, with respect to Clint Eastwood movies, what we clearly have here is a case of "The Outlaw Josie Wales".

To: tekboy who wrote (3085)	5/31/2000 8:43:00 AM
From: unclewest	Read Replies (1) \| Respond to of 6516

. One question, though: their "reiterated" optimistic 12-mo. target is $66. tekboy, the entire itv sector took a 66% haircut. i checked 2 major players optv and lbrt...both were up about 8% yesterday...same as the nasdaq. gmst was up 3x that. the analyst who wrote that, listed aol and msft as competitors...yet both have signed long term contracts with gmst and paid hefty licensing agreements and agreed to pay royalties for many years... i think henry has signaled a coupla things to bloomberg...he is about to sign up some more major players and he still has the buyback cash to do it...meaning the action we are seeing on share price is not related to the buyback plan. additional upside that the analyst failed to address is that gmst is rolling out simultaneously in about 30 other countries....and e-books. just one example....gmst is much better known and used in england right now. is this a large analyst oversight? and what about e-books....we believe gmst bought all the significant e-book patents when they bought both e-book companies last quarter. my wife already told me she wants one for Christmas...i like that. we know rca and ge are going to release gmst e-books under their own brand names into this holiday season...that is why henry is chasing around to the publishers to get books digitized now. gmst has an awesome patent portfolio already well-tested in court...that is very important as precedents have already been established upholding the contracts. also gmst is the only epg chip i know of in tvs right now...i have not been to a tv store recently but i know sony, ge, zenith, phillips, magnavox, proscan and others are all using gmst. much of the rest of the news from the other players is posturing imo...just noise. gmst has the following going for it... a large, court-proven patent portfolio. first mover advantage. contracts with most of the largest players. we are playing gmst for ad revenues primarily...lets see how they do on the quarterly. that is the ultimate indicator. hopefully we will get that this week or next. last quarter's figure was $800,000...you can use that as a base for figuring growth rate...if i remember right the quarter before was $200,000. unclewest another thought...over the last 9 months revenues went up about 35% and net income about 55%...net income is now close to 50% of revenues...this is a lean and mean cash machine.