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Non-Tech : TBAE that's E for Entertainment!
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To: Terry Menia who wrote (137)3/2/2000 2:34:00 PM
From: DesertRat1  Read Replies (1) of 163
 
Terry,
I don't follow the other companies but in case you don't get this (Today's Financial Intelligence Report):

Featured Update II - TBA Entertainment Corp -TBAE
Stock has begun to move up methodically since the announcement of the
multi-billion dollar takeover of FSX Entertainment by Clear Channel (CCU).
And with good reason, given the valuations at 2 x Cash flow it places a
value of $20 on TBAE and at least they are actually making money and have a
fair amount of cash in the bank also. They've completed 7 shrewd
acquisitions over the past eighteen months that place them in a very
favorable light to be a 'takeover target' themselves. Actually, they would
make a very interesting fit with the above deal as given their growing
strength in artist management including some recent 'Grammy Award' nominees,
they would be a natural to provide the 'Artist' content to the location and
distribution that the above deal entails. They would also stand to get all
the promotion they so need.
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