Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Noel who wrote (159)	1/14/1999 4:24:00 AM
From: Valueman	Respond to of 442

Noel: Exactly!

To: Noel who wrote (159)	1/14/1999 5:41:00 AM
From: Steve Bramhall	Read Replies (2) \| Respond to of 442

Noel, Here's the equity. scattered across our nation you'll find a 30"plus dish that Primestar won't retrieve from the millions of customers who can't afford to pay for their monthly programming. Churn? these dishes are tsata greatest asset... see you take the dishes to Mexico and sell directv and dish network to the Amigo's for their vacation villas... that's 3,000,000 say @ $299.99 + labor---awesome seriously like JDCFA I feel tsata has value mainly subscribers I know that if I owned direct or dish that I'd rather have the primestar customer list than have my competitor have it. also I know that Directv is paying more than most (and the street in particular) realize for each subscriber. Advertisng costs + manufacturers subsidy + $35 per unit cost reduction at wholesale +$270 activation ppc + $200 free programming effective today+ monthly commision residuals etc.. adds up to big bucks i think that the internet access on Primestar is a ridiculous idea. Why offer internet with your precious bandwidth when your customer can't afford to by a satellite system. where are they going to get the cash for a computer? people like Bo are hurting this stock. If everyone held, the stock would go up it's the sellers who are driving it down. we shouldn't be watching it daily, TSATa is an INVESTMENT not a wager. Those who are patient will be rewarded. I'm in till the end and purchased over 20,000 shares last year starting at $3.75; worse yet, I sold all my dish and ussb in september to pay for tsata. Obviously, I know more about satellite than investing... just my opinion Regards, Steve

To: Noel who wrote (159)	1/14/1999 11:44:00 AM
From: JDCFA	Read Replies (1) \| Respond to of 442

Where's the equity? Better check your math. Total Debt: $1.84b Tempo: $575mm Primestar: $1.264b or $550/sub. Are you with me Noel? As long as Primsestar subs are sold for more than $550/sub. Tsat has equity value. $500 conversion cost, try $300-$350 according to Merrill Lynch analyst Tom Watts. 2.3mm subs paying $55/month vs. programming costs of $19/month provides immediate and very positive cash flow. A benefit piecemeal sub acquisition does not provide. Figure this going out two years as that's how long it will take GMH to acquire 2.3mm subs. and you start to see why this makes sense. Internet doesn't make sense. Is that why Dish and GmH are focusing on broadband delivery? TV on demand using the internet makes incredible sense. Interaction irrelevant. How many times do you interact while watching a movie or tv show? You simply order it and watch.