VVTV - "Home Shopping Network" of the Internet Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : VVTV - "Home Shopping Network" of the Internet

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: KS who wrote (289)	6/23/1999 2:30:00 AM
From: KS	Read Replies (1) of 350

June 22, 1999 18:31 RESEARCH ALERT - ValueVision gets a buy CHICAGO, June 22 (Reuters) - Craig-Hallum Capital Group Inc. said Tuesday it initiated coverage of ValueVision International Inc., the third largest home shopping network, with a buy rating. ValueVision offers its programming at about 15.4 million full-time equivalent (FTE) homes in the United States. It also operates a couple of small catalog companies that are in the process of being sold. ValueVision also holds a 15 percent stake in NetRadio, an online broadcasting company. Craig-Hallum said ValueVision's new chief executive was brought in to turn the company around and forge a new business strategy. Since that time, Gene McCaffery has increased distribution, significantly raised average revenue per household, sold off non-core assets and made the company profitable. Shares of ValueVision closed up 7/16 to 19-3/4

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next