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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: Mark Adams who wrote (12102)	2/22/2001 5:23:18 PM
From: Kapusta Kid	Respond to of 78470

The spinoff depends upon a favorable tax ruling from Uncle. If it happens, it'll be after the end of March, at the earliest, but T wants to do it. Malone just did a deal with Murdoch: he swapped his holding in, I think, a dish TV outfit in exchange for another chunk of Newscorp (giving Malone 18%, I believe). Also holds 9% of AOL Time Warner. As for T, I still don't know why the board hasn't taken Armstrong out and shot him yet. When/if they do, I might get interested in T. Not until. I see the spinoff as a positive for LMG. libertymedia.com for press releases and holdings. You'll quickly see that LMG is a media mutual fund.