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Non-Tech : VVTV - VALUEVISION INTL INC

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To: E Newman who wrote (5)10/10/1997 11:24:00 PM
From: Dick Jaffe   of 36
 
Check out SHOP AT HOME, INC. (SATH) which is a company in the same line of business as VVTV and also owns two TV stations (in Houston and Boston) that are collectively valued at $100 million and carried on the balance sheet at $14 million. Due to deregulation in the industry and recent court decisions that require cable companies to carry local stations, these TV properties have been soaring in value making the companies that own them great hidden asset plays. SATH is 3 7/8 with around 10 M out. BTW, I bought some VVTV today and also own SATH.

Dick
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