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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?

To: Pluvia who wrote (34806)	5/5/1999 11:38:00 AM
From: Bear Down	Respond to of 122087

TUNE...... going down..... TCI Music Announces Termination of DMX's Digital Music Service from Programming to Former PRIMESTAR Subscribers NEW YORK--(BUSINESS WIRE)--May 5, 1999--TCI Music Inc. (Nasdaq SmallCap:TUNE)(Nasdaq SmallCap:TUNEP) Wednesday announced that following the acquisition of PRIMESTAR by Hughes Electronics Corp. on April 28, 1999, DMX's digital music service was terminated from the programming provided to the former PRIMESTAR subscribers. As a result, PRIMESTAR subscribers will no longer receive the DMX music service. The company is in the process of analyzing its legal position and intends to pursue all legal remedies available to it. This action will have no effect on the company's residential and commercial subscribers who receive the DMX music service through their cable operator or directly from DMX. The company's gross revenues from PRIMESTAR subscribers in fiscal 1998 were $3.76 million or approximately 4.45 percent of the company's gross revenues in fiscal 1998. At this time, the DMX music service is not included in the programming of any other DBS television programming distributor in the United States. TCI Music is a diversified music entertainment company delivering audio and video music services to commercial and residential consumers via satellite, television, the Internet and other methods. TCI Music is composed of DMX LLC (DMX(R)), which programs, markets and distributes the premium digital audio music service known as Digital Music Express(R); the Box Worldwide Inc. (The Box), which programs and distributes the interactive music video television network The Box Music Network(R); and SonicNet(R), a leading Internet music network consisting of a group of music Web sites. TCI Music is traded on the Nasdaq Small Cap Market through its Series A Common Stock and Series A Convertible Preferred Stock under the symbols TUNE and TUNEP, respectively.

To: Pluvia who wrote (34806)	5/5/1999 12:03:00 PM
From: Wolff	Read Replies (1) \| Respond to of 122087

GS INCOME STATEMENT All dollar amounts in millions except per share amounts. Nov. 98 Nov. 97 Nov. 96 Revenue 22,478 20,433 17,289 SG&A Expense 5,599 4,433 3,523 Net Income 2,428 2,746 2,399 Profit Margin 10.8% 13.4% 13.9% Snipped this.... "What most investors are going to be more concerned with is whether Goldman is worth the $18 billion to $24 billion at which the current IPO will value it, especially after what happened last summer and fall, when the firm had $663 million in trading losses and saw profits tumble 81 percent." ... from this link nymag.com I read this article's main point that GS is correctly valued at around 50, not a 75 entry for a long. YMMV