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Technology Stocks : Paxson Communications (PAX)

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To: William Duncan who wrote (87)3/27/1998 9:35:00 AM
From: webpilot  Read Replies (1) of 154
 
Bill One more thought. I certainly did not buy this stock in the anticipation of a buyout. I have never had that kind of luck. My gut feeling in this case is different, I really think that eventually the company will be bought. There are just too many assets here with the coming age of digital. There are too many many media power players out there for this to slip through. Gates, Murdock, Allen, Turner, Diller, anyone of the majors. It looks like it is important for ESPN to have a digital voice, may not happen unless they do something about it. All this activity in the stock will bring more and more attention to it, great for stockholders.
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