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Technology Stocks : Paxson Communications (PAX) -- Ignore unavailable to you. Want to Upgrade?

To: MarcH who wrote (34)	11/20/1997 8:58:00 AM
From: webpilot	Respond to of 154

I agree on the time frame issue. However, as we go forward, I expect more positive announcements which could cause the stock to jump. Perhaps at some point in the near future, we may get institutional play. The stock has a small float. According to Bud Paxson, he values the network at 1.6 billion, or about 28 per share. We are currently selling at about 3xbook, normally networks sell about 4.1x book. Companies that are concerned about their images may elect to spend their advertising dollars on this family oriented network.