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Technology Stocks : UCOMA UnitedGlobalCom -- Ignore unavailable to you. Want to Upgrade?

To: debra vogt who wrote (426)	11/12/1999 10:13:00 PM
From: Sorin A. David	Respond to of 489

This could be great news, however a small float seems to be really good against shorts.

To: debra vogt who wrote (426)	11/22/1999 10:54:00 AM
From: debra vogt	Read Replies (1) \| Respond to of 489

From Herb Greenberg's column at TheStreet.com on 11/22/99. From Time to time, he will be asking hedge funds and other analysts who he respects what their favorite stock would be if they could buy just one: Next, John Woodberry of Minute Man Capital Management in New York. His hands-down favorite is India's answer to America Online (AOL:NYSE) -- Satyam Infoway (SIFY:Nasdaq), which went public on Oct. 19, not the best of days to go public. Since then, there has been little chatter on the company, whose American Depositary Shares trade in the U.S. Woodberry, who has loved the stock since 40, thinks that's about to change. (It closed Friday at 60.) But he adds he wouldn't like to see his mother buying this stock -- too much potential volatility. So, what would be less volatile? If Woodberry could buy just one, it would be UnitedGlobalCom (UCOMA:Nasdaq), an international broadband communications provider of video, voice and data services, which, truth be told, he first mentioned to me a few weeks ago when it was about 85. It's now around 115. (Sorry, as was the case with Turkel, I got busy.) But Woodberry is as enamored of the company today as he was back then. His reasons include the company's asset value, which is in excess of $150 per share, and a recent 15% ownership stake taken by a Liberty Media (LMG.A:NYSE)-Microsoft (MSFT:Nasdaq) joint venture. Such a stake, he says, "could lead to an eventual buyout." But even if there is no such deal, he is impressed by what he considers to be "top-tier" management, the company's rich asset base, its large insider holdings and an impressive list of institutional investors.