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To: Galirayo who wrote (6661)	3/9/1998 2:33:00 AM
From: N/E PATSFAN	Respond to of 9262

[ VVTV ] Those numbers are deceiving....lotza $'s from sales of TV stations. They must buy, upgrade and then sell at nice profit.Their profit margins are great (40%+) on merchandise sold via catalog/home shopping and they should have a decent qtrly (XMAS) report due any day (3/10??). Expenses though have been keeping up with rev growth due to merger and expansion (cable access fees/staffing/whse/etc.). They are looking for a new CEO and this could be catalyst if they land a good one. Other positive is added exposure via Sat Dish which is 24 hour,worldwide and less expensive. Negative is Monty-Ward bankruptcy filing hurt catolog sales and I recall reading that L.L. Bean had a poor XMAS season too. Jury's still out but good speculation here with earnings due out soon & potential new CEO. All here in SEC report:http://sec.yahoo.com/e/l/v/vvtv.html Regards, NEPF P.S. What's your take on JMAR ??