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Microcap & Penny Stocks : TGL WHAAAAAAAT! Alerts, thoughts, discussion.

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To: Katie Kommando who wrote (40572)3/31/2000 1:21:00 PM
From: allii  Read Replies (1) of 150070
 
raptorface - TSATA- you might be interested in JillCollins comments message 39594

< I wouldn't be surprised to see $50 within a year.>
Jim, your question with regards to TSATA is very fair. Frankly, I think my statement is conservative and here is why:

1. Liberty Media is investing $300 million in TSATA.

biz.yahoo.com

2. TSATA and Liberty Media have formed a joint venture. TSATA is to be renamed Liberty Satellite. Check out what happened to LDIG (previously TCI Music and now Liberty Digital) when Liberty Media did a similar type transaction with it . . . it went from $5 to $75.

quote.yahoo.com

3. The joint venture between TSATA and Liberty Media is huge. Here is the news release and the critical portion:

biz.yahoo.com

Liberty Media and TSAT also formed a joint venture named Liberty Satellite, LLC to hold and manage interests in entities engaged globally in the distribution of internet data and other content via satellite and related businesses. Liberty Media contributed interests in XM Satellite Radio Holdings, Inc. (Nasdaq: XMSR - news), iSKY, Inc., Astrolink International LLC and Sky Latin America satellite businesses in exchange for a 89.41% interest in the joint venture. TSAT contributed its interest in JATO Communications Corp. and General Motors Class H Common Stock (NYSE: GMH - news) in exchange for a 10.59% interest in the joint venture. TSAT will manage the affairs of Liberty Satellite, LLC.

4. To fully appreciate the significance of the joint venture, it is necessary to understand Liberty Media. Liberty Media is probably the biggest controller of programming and content in the world. Take a look at some of its holdings:

libertymedia.com

For example, Liberty Media owns 9% of Time Warner which is merging with AOL if it receives approval.

There are hundreds of articles on Liberty Media, but here is a fairly recent one that provides a pretty good overview:

virtualmoneymanager.com

5. To also fully appreciate the significance of the joint venture it is important to understand John Malone. John Malone made millionaires out of TCI Cable shareholders over the years. TCI was recently purchased by AT&T and Malone is now the largest AT&T shareholder. Malone contols TSATA as well as Liberty Media and he only has one goal: shareholder value. He also controls LDIG, and as I noted above, look what he did with it. Don't get me wrong, Malone is not Mother Teresa. But he is the largest shareholder of TSATA and so he has chosen TSATA to be its partner for Liberty Media's satellite investments.

6. Finally, TSATA has gone from .50 cents to $22 in the past year for a 4300% gain. Is it that hard to imagine it going up only 127% during the next year?

I hope this answers your question. Thanks again for a great thread.

Jill

P.S. I forgot one final reason . . . because Katie likes it!!
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