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


To: Mike Buckley who wrote (6326)3/3/2004 9:21:39 AM
From: 100cfm  Read Replies (1) | Respond to of 6516
 
What is the reason that operating profit will only be 44-69M after getting 502M in onetime payments, if it's because they're paying off all the debt then it's OK.
But if they are bleeding that much red ink then it's very bad. They still are writing off so much it's hard for me to tell.

If they're bleeding 450M in red ink they'll never make enough in subscriber fees to make any real money.