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

To: fish who wrote (3287)	7/11/2000 11:19:23 PM
From: Mike Buckley	Read Replies (1) \| Respond to of 6516

From that conference call, about the merger: Henry expects to hear "within days" from the government if there are any concerns. If there aren't, the merger can be closed "within days" after hearing from the government. If the government has concerns, Gemstar is open to negotiate or sue. The company is very firm in their belief that there is no legal justification for preventing the merger. About the contingency agreement: Gemstar would get "the lion's share" of the TV Guide's licensing revenue that falls under the auspices of the contingency joint venture. For all recurring revenue, Gemstar would get half of it. --Mike Buckley