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Technology Stocks : Primestar/TCI Satellite (TSATA) -- Ignore unavailable to you. Want to Upgrade?


To: Goodboy who wrote (73)9/14/1998 11:06:00 AM
From: JDCFA  Respond to of 442
 
This week may be a bit aggressive, but, we should certainly hear something by the end of the month. A consent decree seems most likely ,but when is a decision due on the T/TCOMA deal??

Hopefully, this deal moves forward in tandem with the FOX IPO due in early October, great publicity. Sources tell me Merrill's Tom Watts thinks it's a 12 stock with a deal. He recommended(with a strong buy) the stock in the past and then went restricted, now it's on review. He won't recommend the stock again until deal is in hand.

This story has been a loser, but if the stars align there's some serious $$ to be made.



To: Goodboy who wrote (73)9/14/1998 12:44:00 PM
From: EPS  Read Replies (3) | Respond to of 442
 
Thanks Goodboy,

What is the downside if there is no deal? My guess is none..it seems that at these levels the market assumes that there is going to be no deal.. right?

Victor