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Technology Stocks : Metromedia International Group (MMG) Looking for Opinions

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To: Elayne Shochet Tatar who wrote (5)1/3/1997 12:58:00 PM
From: Elayne Shochet Tatar   of 353
 
All: News today 1/3/97
This item from today's WallStreetJournal, and volume up quite a lot.
Elayne

Dow Jones News Service -- January 3, 1997
Metromedia Intl Grp Venture Acquires Moldova Cable Sys

NEW YORK--(Dow Jones)--Metromedia International Group Inc.'s (MMG) 50%-owned joint
venture in Moldova, Sun-TV, acquired the assets of wired cable television company Eurocable
Moldova Ltd. for about $50 a subscriber.

In a press release, Metromedia said Eurocable has about 30,000 subscribers and 100,000 homes
passed in Kishinev, Moldova's capital.

Metromedia said the per-subscriber cost is about equal to its current cost for a newly constructed
cable network.

Metromedia operates wireless cable television and FM radio stations as well as radio paging and
trunked mobile radio systems in Eastern Europe and the former Soviet Union.

The company also produces, acquires and distributes motion pictures, television programming and
pre-recorded videocassettes.

Copyright c 1996 Dow Jones & Company, Inc. All Rights Reserved.
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