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

To: Stoctrash who wrote (105)	10/6/1998 9:59:00 AM
From: JDCFA	Read Replies (1) \| Respond to of 442

Gentlemen, financing is the least of our problems. Topping the list of problems is the DoJ and ego maniac, Joel Klein. The fact that Rupert is attempting to negotiate a better price is only business sense. The cable cos. have done nothing to build their equity at Primestar for over 12 mos. They can't just sit back now and expect top dollar. Rumor has it that bank lines are in place to complete acquisition. Rupert may prefer to have an equity investor rather than use bank lines, but for the right price, I believe he'll use the bank lines. Stay tuned, times are tough, but so is Rupert.