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Technology Stocks : Gemstar International Group (GMSTF) -- Ignore unavailable to you. Want to Upgrade?

To: Paul Merriwether who wrote (149)	11/13/1998 2:13:00 AM
From: Aishwarya	Read Replies (1) \| Respond to of 226

Hi Paul, New to this thread. Anyways this is one of those undiscovered gems with great potential. It moves like an Internet stock but a lot slower which gives people some time to think and rethink entry/exit points. You bring up good points. The co. will buy stock whenever the stock deviates below the primary trading range. With its spectacular run up all the way from 41-60.5 it is resting , digesting the gains & can be expected to shed some points. If you look at the charts carefully you can extrapolate (Only from TA perspective) that the stock is headed below $50. I am thinking it is going to be $47-$48 when the cycle reverses and we shall make our next run to the $67-$70 mark by Jan. Note that i could be wrong if something changes fundamentally. This stock has legs and i think the company will not buy any time soon unless they are having a short supply themselves. This can fly on its own. I used to be bullish on anything i pick in the past , but enough losses sent me to a corner. I like to make money on FA and TA combined. I Don't day trade but am trying my best to be with the trend. The 2 year chart says it all for this company and people will be interested more and more. My two cents. Regards, Sri.