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

To: Allegoria who wrote (3493)	7/29/2000 10:43:57 AM
From: Mike Buckley	Respond to of 6516

Eric, It's been a long time since I looked at the details, but I don't think you're missing anything. Now perhaps you understand, that while everyone else had been hoping against hope that the merger would take place, why uncle west and I were wondering if it wouldn't be best to have the contingency agreement go into effect instead of the merger agreement. It's been so long since the merger agreement was announced (last fall) that you probably forgot that the issues you mention were fairly thoroughly bantered about on several forums. Years from now, which is the only time frame I think in, I really don't think the current stuff you mention will matter. When the merger agreement was first announced, all the analysts were saying we would need to analyze the company on a basis of EBITDA but already Stew tells us that may not be necessary and if so, not for very long. The synergies of having all the long-term strategic planning under one roof makes a lot of sense. And as for short-term progress, I'm sure you've noticed the press releases confirming for me the stuff Boylan mentioned about many prospective deals would move forward now that the merger issue is completely resolved. --Mike Buckley