Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?

To: puborectalis who wrote (115680)	10/26/2000 2:30:53 PM
From: puborectalis	Respond to of 120523

SA Networks' Diller on Advertising, Big Acquisitions: Comment 10/26/00 10:54:00 AM Source: Bloomberg News New York, Oct. 26 (Bloomberg) -- USA Networks Inc. Chairman and Chief Executive Barry Diller discusses a slowing of the U.S. advertising market and prospects for the company to make a large acquisition. Diller spoke today on a conference call with analysts following the company's third-quarter earnings report. On an anticipated slowing in the U.S. advertising market: ''Anyone who says there's no ad slowdown is saying something for manipulative purposes that will not prove to be factually true. You talk to anyone who owns TV stations, anyone who owns cable service, and find someone who says it's vibrant -- it ain't. Do I think it's a disaster? I don't. But it can't maintain (the previous) pace. I don't think it will be vibrant.'' On prospects of USA Networks making a big acquisition: ''We aren't on the verge of one. We've had a couple of interesting conversations.'' Vivendi SA, which is acquiring Seagram Co., the controlling shareholder of USA Networks, ''has said, 'We look at (USA Networks) as a way to grow distribution in the U.S.' Having said that, I wouldn't exactly think you should hold your breath for some big transaction. You may be holding it for a while.''