InvestorsHub Logo
Followers 187
Posts 7820
Boards Moderated 0
Alias Born 02/20/2004

Re: orafup post# 62218

Saturday, 01/29/2005 7:04:12 PM

Saturday, January 29, 2005 7:04:12 PM

Post# of 279080
Yes! Frank will sell QBID!

For huge profits!

By: whizknock
05 Dec 2004, 01:43 PM EST
Msg. 73292 of 85467
(This msg. is a reply to 73285 by slapshotmo.)
Jump to msg. #
**Slapshotmo!**

Viacom knows th G/L community will not pay good money for the type of programing they offer. This demographic is working with $600 Billion Dollars of Discretionary income for a reason. Their numbers tend to be much better educated than than any other segment of society or minority. Viacom's Sumner Redstone wants to get in on the gold rush & he knows that MTV's form of programing is unlikely to attract & hold this customer. MTV has made a mint by programing in such a way as not to challenge their audience on a cognitive level. Viacom may never launch LOGO,,,unless they buy QBID!

Frank has a history of developing & selling media companies. That's what he's doing now!!!! He may not say it but he will sell. When he has said there will be no reverse split as long as I'm a part of this company he's not saying there will never be a reverse split. He's saying it will not occur while he's the owner! He doesn't care about O/S. He simply cares about owning controlling interest. $3.80 a share for 1.5 billion shares is the same as .38 a share for 15 billion shares.

Frank has said this will be worth about $5 Billion in 5 years. I guarantee you he will not own this 5 years from now. Frank will sell the whole thing for approximately $6 billion in less than two years. Viacom's first bid will be about .24! They'll settle at .38

(Voluntary Disclosure: Position- Long; ST Rating- Strong Buy; LT Rating- Strong Buy)
....................................................................................

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.