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To: hookjock who wrote (1621)11/14/1998 12:43:00 AM
From: Don Hand  Respond to of 2919
 
You asked for it. Now you can probably get it much cheaper
on Monday.

Insider purchases mean that there is not a pending deal.
30 days before Qtr. closing. Very un timely. Oh well! Good news
long term...




To: hookjock who wrote (1621)11/14/1998 12:54:00 AM
From: Don Hand  Respond to of 2919
 
October 26th issue of Fortune mag profiles News Corp and Fox
CEO Murdoch. Of interesting note was the discussion on the IPO
of Fox. The article mentioned that a successful offering would give
Fox lots of cash to put back into the business and the expansion
into Europe TV.

This could lead to continued orders well after the current backlog
is shipped from WGNR. Perhaps their international sales and the 30
percent goal has hope after all.

The article also mentioned how the Fox plan of using local broadcasting sports and stations have a 50 percent margin.
They are kicking the other majors where it hurts. Pax TV
is doing the same thing with its network of local stations.

WGNR is making it happen...