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.

Technology Stocks : News Corp. - NWS -- Ignore unavailable to you. Want to Upgrade?

To: Moominoid who wrote (14)	10/27/2001 11:07:29 PM
From: Xenogenetic	Read Replies (1) \| Respond to of 34

I think Murdoch pulled this gambit at the prompt of John Malone. It's hardball, and it's characteristic of Malone in all of his negotiations. The Murdoch camp is betting that: 1) GM, deep down inside that Detriot heart, knows that regulators will not permit a marriage with Echostar; 2)Time is not on Hughes' side to allow the dragging of it's feet because Echostar continues to grab mkt share at a rapid clip; 3) based on point #1 above, NWS's new withdrawal posture will cause GM to panic with the rationale that they have distanced themselves with the only viable game in town instead of reeling them closer as in conventional negotiation template. Make no mistake, Murdoch still covets Hughes more than ever before.