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Technology Stocks : Primestar/TCI Satellite (TSATA)
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To: Noel who wrote (199)1/22/1999 11:20:00 AM
From: Bo Le  Read Replies (2) of 442
 
Noel,

You turned out to be 100% correct --- TSATA share holder will get nothing. Although I unload my positon a week ago, I still feel pretty sad. I ask myself many times, why GMH buy P*? For its asset or subs? No. GMH needs spend more money to convert P* subs than aquire new one. Seems the only answer is that GMH buy P* to eliminate a competition.
I think the only thing GMH don't like to see is that P* get into high power business at 119d.

Bo Le
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