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Strategies & Market Trends : ahhaha's ahs -- Ignore unavailable to you. Want to Upgrade?

To: ahhaha who wrote (24)	9/25/2000 4:44:55 PM
From: Ahda	Read Replies (1) \| Respond to of 24758

or the failure of the Euro and a mad dash scramble by European countries to re-establish their individual currencies I agree with this portion of your statement. In my opinion there could be no situation better than that of the present, inflation throughout Europe and erosion of their buying power. This could clearly contribute to dash scramble as the euro becomes the culprit that created the mess.

To: ahhaha who wrote (24)	9/25/2000 11:55:41 PM
From: FR1	Read Replies (1) \| Respond to of 24758

What do you think of Malone's new play? Malone is now the 2nd largest stockholder in NEWS. Malone has major interest in ATHM/Chello through Liberty Media. Are we starting to see the battle lines being drawn in Europe? NEWS has satellite interest through Sky Global Networks and I guess Murdoch is still dreaming about GMH. I don't think I have heard NEWS announce they will be offeriing broadband internet satellite access the way DISH and GMH have (with transponders talking directly back to the satellite). cbs.marketwatch.com Murdoch, Malone stock swap reported Cable mogul would have 20% stake in News Corp. By Steve Gelsi & David B. Wilkerson, CBS.MarketWatch.com NewsWatch Latest headlines NEW YORK (CBS.MW) -- News Corp. CEO Rupert Murdoch and Liberty Media Chairman John Malone are trying to strike a deal in which Malone would exchange his stake in Gemstar-TVGuide for a News Corp stake, according to The Wall Street Journal. Spokespeople for Liberty Media and News Corp. did not immediately return calls seeking comment. The report said the deal would boost Malone's News Corp. (NWS: news, msgs) stake to 20 percent and give him a seat on the board of the media company. Shares of News Corp. fell 69 cents to $52.19 at mid-afternoon Monday, while Liberty Media (LMG.A: news, msgs) rose $1 to $19.25. Gemstar TV Guide (GMST: news, msgs) declined $4.22 to $72.77. For Murdoch, the deal would enhance the financial strength of Sky Global Networks, a satellite holding company he is building. News Corp. filed in June to launch the long-awaited spinoff of its satellite holdings to the public. Those assets stretch across the United Kingdom, Germany, Italy, Asia and Latin America. With a stake in Gemstar-TV Guide, Murdoch "may be better motivated" to distribute Gemstar's electronic program guide and its other patents "through the entire European and Asian satellite system that (News Corp.) has established," said Ed Hatch, analyst at SG Cowen & Co. The move would also bolster a contemplated Murdoch bid for DirecTV, (GMH: news, msgs) currently owned by General Motors Corp's Hughes Electronics. "(News Corp. is) already waist-deep in satellite distribution through BSkyB and (Asia's) StarTV, so this is just a natural fit," said Hatch. GM said earlier this year that it is contemplating a partnership or outright sale of Hughes. Analysts have applauded Murdoch's move to dominate the world's satellite market at a time when the cable world is rapidly consolidating. While AT&T and AOL make giant footprints on the cable television landscape, News Corp. seeks to make just as big a mark in the satellite world. From Liberty's perspective, the prospect of watching the stocks of Gemstar, News Corp. and, eventually, Sky Global, would certainly please Liberty shareholders, Hatch said. Liberty shares are trading close to their 52-week low of $17.19, set last Sept. 27. Liberty is a tracking stock resulting from the merger of AT&T (T: news, msgs) and former cable TV giant TCI. Malone had become the second-largest holder of News Corp. under that deal.