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


To: Ray who wrote (144)1/4/1999 10:36:00 PM
From: interesting man  Respond to of 442
 
Could be because they might be offering internet access!!!



To: Ray who wrote (144)1/5/1999 8:08:00 AM
From: Bo Le  Read Replies (1) | Respond to of 442
 
To my experience, the best thing can happen for a share holder is that your share price keep raise with no news (Of course, the worst thing is the opposite, i.e., keep going down with no news). As the best trader Jesse Livermore once said: "Sitting make you money, not thinking." Sit and enjoy the ride.

I have no question on the value of TSATA. The only thing I worry about is that Primestar has to get finance to keep running. As a TSATA holder, we may get wipe out by the event that big boy (cable companies, John Molone, etc) infuse cash into Primestar. They can delute the share value and make them virtual worthless. I believe that what Wall Street believe and that's why TSATA's price is so low.

Bo Le