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Technology Stocks : People's Choice Tv Corp. (PCTV)
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To: Gale who wrote (171)4/29/1999 4:01:00 PM
From: Mark Oliver  Read Replies (1) of 176
 
It seems to me that when you look at the price paid by AT&T for Media One, which is about $4500 per household, this deal for PCTV is probably very low.

Also, looking at the other deals being made for companies that are far less developed and have greater debt, it seems again that this deal might be low.

So, obviously the market feels the deal won't be accepted as it stands and must be followed by either a higher bidder or the company, which is largely owned by the Oristano family, will not accept the deal.

It's very interesting to finally see some fruit being born from MMDS. Wow, I've held this stock for near 3 years. I say, the company is worth more and I hope the get it.

Here's a story from today on MMDS:
news.com

Regards,

Mark
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