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ValueVision Media, Inc. Message Board

  • Time_to_Recover Time_to_Recover Dec 24, 1998 12:24 AM Flag

    Timing?

    Besides the fact that VV & TWX want to put the
    litigation behind them...why would the settlement be
    announced 12/23/98?

    I suppose that after the bell
    and Christmas Eve tomorrow is probably good timing
    for this type of news...but, the charge is against Q4
    and Q4 for VV does not end until 1/31/99.


    Also, the CML charge for Q3 was part of the Q3 earnings
    announcement (and it was a larger charge than TWX)...why not
    handle the TWX charge the same way?? (i.e. with the Q4
    release)

    Maybe, there is some good news from VV to come in 1998?
    VV has certainly gotten rid of its dirty laundry
    pretty quickly(HomeVisions, CML and TWX
    litigation).

    Prime: I like your 'blue chip internet' ideas;
    particularly if those ideas would announce real soon. That
    said, there has to be some sort of explanation for VV's
    involvement with NetRadio, PAX and CMGI?!?!?...and VV's lack
    of vvtv.com development.

    Lets hope the market
    reacts well to the TWX news...after tax is about
    -$.18/Share...that is balanced against the fact that litigation with
    TWX is over; introduce the TWX programming concept
    and profit participation by VV in that concept; TWX 8
    yr. renewal (guess they have confidence that VV will
    be around) and increased FTE from Staten
    Island.

    TTR

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