WorldSpace Inc fka WRSPQ

[NY73]

No, I don't think it is relevant to wrspq, since Liberty doesn't control SIRI, they own 40%, and can't make a move there for a while (there's a 3 yr standstill agreement, I think). With wrspq, Liberty owns the debt, so, is largest and most powerful outside interest (creditor) in BK proceedings, but, BK laws control what they can and can't do. They could demand a huge stake in the company and keep it operational (good for us!), or, argue the thing can't make it as a going concern, and force it into liquidation, to take the assets as satisifaction of debt, which they in turn could do with as they please. All subject to what the BK judge decides, of course. IMHO. I reported back on this only to indicate the wrspq issue vis a vis Liberty was not even on the radar at this conference, meaning the analysts present, and Maffei, didn't raise any discussion/questions regarding the current situation. Don't think one can read anything into this, other than it's not a huge issue for Wall Street analysts.