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

To: JH who wrote (3269)	7/10/2000 2:17:24 PM
From: JH	Read Replies (1) \| Respond to of 6516

<TVGIA discount is around 22% today. I predict that 23% will be tops; the discount should shrink to zero after the merger is approved> I wrote the above on Friday. Indeed, the discount peaked at 22% intraday, and closed at 20%, ie. it failed to close at a discount ABOVE the historic high of 20%. The charts show a "triple top". Today, Monday, the discount is around 19.5% I believe that it is NOW a good time to sell some GMST and replace them with TVGIA because the discount may progressively narrow for the next few weeks until the merger is approved.