|snip from Business Week....ROCKS TO RICHES. |
snip>Take Gemstar-TV Guide (GMST ). The TV-program-guide company, one of the fund's top stocks, isn't profitable now, but it's generating cash, Sherwood says. He expects its revenue to increase "quite dramatically" as more companies use Gemstar's service to advertise. Given Gemstar's leading position in its field, it's only a matter of time before it starts generating "a lot" in earnings, he adds.
Wallace believes that Gemstar's stock, which has been trading for around $5.50 lately, can reach $8 to $11 within the next one to three years. <snip