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Technology Stocks : USSB

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To: Doug Reid who wrote (25)2/27/1997 8:12:00 PM
From: Bobo   of 62
i just read an article which said how ussb was never going to sell itself w/ directv. this is because the hubbard family owns 60% of the company and do not want to lose control of the family jewel. so any alliances w/ dtv is a dreams away.

i sold my position yesterday when i noticed all the hype with the stock price jumping. i thought some fool had upgraded it. my thinking is that ussb should be even more threatened w/ the echo*/murdoch merger. the merger means that sky can now have mo'betta content and mo channels and execute almost instantly.

do anyone konw why the price shot up from 12ish to 14ish yesterday? i'm confused.

just today, the price dropped due to a "sell" recommendation by some ibank.

in the long run, i see ussb suffering bad.
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