WorldSpace Inc fka WRSPQ

[NY73]

Bepop....I don't think so. The value would be to keep Worldspace India operations running...to keep the customers. If that operation shuts down, that's a very bad sign IMHO. That would seem to point to Liberty wanting ONLY the hard assets, including the spectrum licenses, not wanting to spend $ on the company's existing operations. One other way to look at the news is this...Samara could be trying to leverage Liberty to wrap this up and buy the company outright, or infuse more cash for operations now, OR....he shuts down India because he has no $ to pay anyone. If Liberty has a view towards keeping current customers, they will have to do something quickly....infuse cash, or buy it.