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Non-Tech : SATH - Shop At Home -- Ignore unavailable to you. Want to Upgrade?

To: Anthony@Pacific who wrote (429)	2/6/1999 1:49:00 PM
From: RGM	Read Replies (1) \| Respond to of 1329

My oversight - Thanks for pointing out your 25% position. Rob

To: Anthony@Pacific who wrote (429)	2/6/1999 2:10:00 PM
From: Razorbak	Read Replies (1) \| Respond to of 1329

[Off-topic] Any Similarities to Shop TV, Inc. (OTC BB:SHTV)? Greetings, Tony. I've been watching from the sidelines waiting for this uphill train to stall so that I can join you on the ride down. Question for you: Are there any similarities between Shop At Home (SATH) and the only other young upstart that I know of in this particular sector, a company called Shop TV, Inc. (SHTV)? I've been doing some investigating on SHTV, and from what I've seen so far, it just doesn't seem to pass the smell test. IMO, if SATH is in any way similar to SHTV, then this could reflect quite negatively on SATH's future prospects. Background: I'm currently running a small manufacturing company in Chicago that my firm recently bought, and I've been interacting with Shop TV as a potential customer off and on for the last four or five weeks. They approached us about wanting to show our products on their direct TV infomercials. Here's what I've found so far: 1) Location, location, location: Headquartered in Pompano Beach, FL; Incorporated in Nevada. 2) Company name(s) is(are) approximately equal to "Sybil": ("Woodie III, Inc." in 1990, then "Tee-Rific Corp.", and finally "Shop TV, Inc." in 1998). 3) Public Listing Process: Reverse merger through a public shell. 4) Financials: Not reported to the SEC, nor listed on the company's website (but "Coming Soon"!). 5) Price/share: $0.22 (a classic falling knife, down from a high of >$5.00 in less than 8 months after the first day of trading). 6) They won't let you talk to any existing customers to get a testimonial because of a confidentiality, non-disclosure clause in their contract (which they adamantly claim is the same at QVC and the Home Shopping Network). 7) CEO is in his early 30's and is the head of SHTV corporate parent, Tricom Pictures. He is also supposedly a "great philanthropist in the south Florida region". 8) COO is even younger (28?), with little actual biz experience IMO. 9) They use a website as one of three, existing distribution channels (TV, CD-ROM, and WWW), so presumably they'll be a "dot.com" any day now, depending on how far the stock price fall. 10) You apparently have to fork over $19,000+ first before they'll shoot your product segment. 11) Despite their claims of numerous national affiliations with major networks, tapping a potential base of over 50 million viewers in the US, I had never heard of them before, and they wouldn't give me a schedule of future airtime in the Chicago region (one of the 4 largest media markets) so that I could verify their existence. 12) Due to all of my "unprecedented" questions, the "buyer" at Shop TV called one of my people in Marketing and Sales back a few days ago and told her that they were removing our company from their list of potential vendors. All of the above is IMO only, of course. Reiterate: Is there any similarity between the above modus operandi &/or business tactics and those of SATH??? TIA. SATH short-on-the-sidelines... <wouldn't want anyone to misinterpret my intentions, you know> Razor