jach's 1999 Amazing Stock Predictions (CSCO, AMZN, etc.) Message Board

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Pastimes : jach's 1999 Amazing Stock Predictions (CSCO, AMZN, etc.)

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To: jach who wrote (30)	1/30/1999 1:06:00 PM
From: jach	of 58

Shares of television-based retailer Shop At Home skyrocketed 44 percent Friday on news the company plans to unveil Internet expansion plans and partnerships during a live national broadcast Feb.10. The stock (SATH) rose 5 1/4 to 17 1/8. Shop At Home, which already offers online shopping through its site at shopathomeonline.com, said after the market closed Thursday that the announcement will be seen on the Shop At Home Network and the Echostar DISH and Primestar satellite services. It will also be simulcast on a new Web site launching Monday, sath.com. The company will also release its fiscal second quarter earnings during the broadcast. President and Chief Executive Kent Lillie said in a statement that Shop At Home chose to release the news this way "because our concept can best be presented in a multimedia format and because of the broad marketplace interest in our company and our plans." Lillie told CBS.MarketWatch.com the company didn't go out and make Internet deals as a reaction to the sector's recent surge. He said the plans were made "a long time ago." The rise is Net stocks is just "a happy coincidence," he said. The executive added that Shop At Home's cable television subscriber base of 60 million viewers gives it a platform that Internet-only companies don't have. Lilllie doesn't see the Internet business cannibalizing the TV side, because "ultimately it's all the same thing." He says the Internet will ultimately thrive as a streaming video medium. "It'll be just like television," he said. "When you watch TV, you don't see a still picture. You see a continuing video image." Shop At Home is the nation's third-largest TV shopping retailer after Comcast (CMCSK) and Liberty Media's (LBTYA) QVC and Barry Diller's (USAI) Home Shopping Network. ---------------------------- SATH is a much better deal compared to AMZN. The comment that made : "the Internet will ultimately thrive as a streaming video medium. "It'll be just like television," he said. "When you watch TV, you don't see a still picture. You see a continuing video image." This comment should bring reality into those no-clue analysts that yelling and making it reasonable logic to think that the Internuts can demand this kind of stratospheric prices. There are only a few things that can be sold using still image like BOOKS, many others require streaming video and then it's basically like TV. What's going to happen is that many established large companies will reap most of the benefits of the base and presence that AMZN and the likes had spent zillions to create. imo.

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