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: judge who wrote (222)	1/22/1999 10:53:00 AM
From: Phil Cressman	Read Replies (1) \| Respond to of 442

Just checked the last quarterly very quickly! Looks like $2 B in debt Assets are limited to equipment (sold to Hughes) and ongoing business value (goes with equipment) It looks like there will be NO cash or shares to go to TSATA for their 37%. Since TSATA has no assets and is in reality a holding company I believe that posters on Yahoo are correct that the income from this deal is under $l and that is the bottom line! I cannot understand however why the stock still is up at over $1.25 since this offers a good profit for shorts still playing the game!