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Non-Tech : SATH - Shop At Home

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To: Paul Lee who wrote (1325)5/15/2003 2:04:44 PM
From: DELT1970   of 1329
 
Friedman, Billings, Ramsey has a $5.07 target for SATH and issued a report on the stock a month ago, including:

"We remind the reader that regulatory initiatives regarding reduced ownership restrictions could enhance these
values. We view the recent hiring of a media broker to plan and manage the process of finding and contacting
potential strategic partners, as well as exploring opportunities to sell the five stations owned by Summit America Television as a positive step in realizing the value we ascribe to this stock. We believe it is possible the sale
could be announced during 3Q and completed soon after year-end."
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