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

To: Selectric II who wrote (3757)	8/31/2000 5:50:59 AM
From: capt rocky 1	Read Replies (1) \| Respond to of 6516

not me .i'm going on vacation next week. my season is over for 2 months. the price increase is simply more buyers than sellers regardless of vol. there was probably buy orders at 80 in case of a break out. of course with all the publicity out there right now we may be coming popular. could anyone list just what companies license our ip and who we have deals with. as pomp wrote. it is getting confusing. rocky

To: Selectric II who wrote (3757)	8/31/2000 9:37:25 AM
From: TigerPaw	Respond to of 6516

isn't that bearish? I would expect short sellers to immediately jump on a general breakout this time of year. The question then becomes one of which group feels more strongly and has resources. I guess that means we either have short squeeze or retest of the lows. Isn't a straddle option supposed to be the right play if extreme volitility is expected but the direction is not clear? Much of my GMST position dates from last Oct. so I'll probably sit tight until I have locked in capital gains treatment and hope for a Nov. rally if we don't get one next week. TP