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


To: TheLineMan who wrote (660)2/8/1999 8:59:00 PM
From: Rajiv  Respond to of 1329
 
On Jan 28th, SATH issued a PR (SATH was 11 7/8)

Shop At Home Network to Unveil Internet Expansion Plans and Partnerships in National Broadcast on February 10

Possible "news" based on rumors -
- Major deals with AOL, YHOO, AMZN, MSFT, <add your favorite company here>, etc.
- Buy-out at 150% premium
- Nasdaq NM listing.
- launch of an online auction site
- Discovery of a major gold deposit under the company parking lot.

SATH closed today at 30 1/16. Tomorrow, it will probably add a few more points.

If everyone has already bought (or will be buying tomorrow) expecting all the above "news" to be announced, who will be buying Wednesday morning after 9:35 AM EST ?

Regards.
Rajiv



To: TheLineMan who wrote (660)2/9/1999 5:19:00 AM
From: Mr. Miller  Respond to of 1329
 
Doubt it is pie in the sky. You paint a gloom and doom, when the company is doing well already and only going to be better when they arrive on the internet with more of a thud than they have.

My imagination is one of many. Even CNBC is now speculating YHOO and BCST, at least, as partners in some way.

SATH shareholders of the last few months have done well and continue to do well. Short-term holders have done well, and the longer term shareholders have done well, and will do well in the future. Shorts will have to fight over crumbs every now and again when the stock consolidates, which is what they do most of the time anyway.

Miller