Primestar/TCI Satellite (TSATA) Message Board

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Technology Stocks : Primestar/TCI Satellite (TSATA)

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To: Goodboy who wrote (67)	9/10/1998 11:26:00 AM
From: JDCFA	Read Replies (1) of 442

Nice to see someone else taking an interest in TSAT besides myself. I have been to Englewood, met with management including Malone and spoken with all the top shareholders. Unfortunately, what at first seemed to be a conditional DOJ approval has changed into a political witchhunt first against Malone and the 'cable guys' now against Rupert Murdoch. C. Ergen is afraid of this potent combination. According to Malone, Ergen is teetering on a highly leveraged balance sheet making him unable to weather setbacks and making him capable of anything. Ergen is now referring to the recently announced deal as a shell game. Leaving anticompetitive Ergen aside, what are the chances the DOJ signs off on this deal in the next 30 days?

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