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The Evening Bridge - March 30, 2005
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TOP STORY - The European Commission approved MGM's $3 billion sale 
to a group led by Sony. The MGM/Sony deal got past U.S. antitrust 
regulatory approval in December when the required waiting period 
expired without objections. Comcast is part of the Sony-led group 
taking over the Hollywood studio.

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Hot & Not
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Hot
                Close              Pts. +        % Chg          52-Week
VVTV        12.30            0.75             6.49 %          10.03 - 16.29
ADCT         2.12             0.11             5.47 %          1.75 - 3.02
SIRI         5.67             0.29             5.39 %          2.01 - 9.43
CTV         15.13            0.60              4.13 %           13.98 - 22.65
PAX          0.76             0.03             4.11 %          0.48 - 4.00

Not
                Close              Pts. -        % Chg          52-Week
CCUR         1.90          -   0.10          -   5.00 %          1.35 - 3.71
OPTV         2.84          -   0.08         -   2.74 %         1.82 - 4.14
TLGD         6.95          -   0.16         -   2.25 %         7.07 - 16.45
TIVO         5.24          -   0.04         -   0.76 %         3.45 - 10.10
UCOMA        9.29          -   0.07         -   0.75 %         5.80 - 10.23

DOW       10,541  135
NASDAQ    2,006   32
S&P 500   1,181   16

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At the Bell
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Arris said Insight will use its Arris Cadant C4 CMTS in its VoIP rollout --- 
At Hallmark Channel and Hallmark Movie Channel, Jim Bennett was 
promoted to vice president, technical operations, and Jodi Falkenthal 
was appointed vice president, advertising sales, Southeast region --- 
Jefferies and Co initiated coverage of Liberty Media with a "buy" rating.
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Analyze This
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Tom Eagan of Oppenheimer and Co. on rumors that Cablevision may 
join two private equity firms in the bidding for Adelphia's assets: "Do we 
think Cablevision is truly interested in acquiring Adelphia? Unlikely. 
However, it may be that Cablevision teaming with KKR and Providence 
to bid for Adelphia may give Time Warner the incentive to make a bid 
for Cablevision. Should this occur, we estimate that Time Warner would 
carry the brunt of any larger bid as Comcast is likely to be merely 
swapping its 21 percent stake in Time Warner Cable for 100 percent 
stake in Adelphia systems."


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PrimeTime Players
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              Close              Pts. +        % Chg          52-Week
BLS         25.74            0.24             0.94 %          24.46 - 28.96
CVC         28.15            0.80              2.93 %           16.13 - 31.64
CHTR         1.58             0.04             2.60 %          1.23 - 4.95
CMCSA       34.30            0.00                0.00 %             26.25 - 
34.36
CSGS        16.48            0.42             2.62 %          14.02 - 21.215
DTV         14.41         -   0.02         -   0.14 %         14.21 - 18.81
DISH        28.70            0.39             1.38 %          26.95 - 34.91
GMSTE        4.35             0.14             3.33 %          3.97 - 7.16
GE          36.20            0.67             1.89 %          29.55 - 37.75
ICCI        11.74         -   0.04         -   0.34 %         7.83 - 12.10
IACI        22.12            0.60              2.79 %           19.16 - 34.62
L           10.25            0.09             0.89 %          8.33 - 11.45
LBTYA       43.52         -   0.24         -   0.55 %         28.60 - 47.70
MCCC         6.50             0.14             2.20 %          5.06 - 8.55
MSFT        24.16            0.24             1.00 %          23.82 - 30.20
MOT         14.95            0.23             1.56 %          13.83 - 20.89
MBND         1.42             0.00                0.00 %             0.96 - 2.70
NNDS        34.90            0.35             1.01 %          19.60 - 40.00
NWS         17.73            0.35             2.01 %          15.305 - 19.41
NXTL        28.06            0.30              1.08 %           21.18 - 30.50
OUTD        14.20         -   0.01         -   0.07 %         12.50 - 19.30
PAX          0.76             0.03             4.11 %          0.48 - 4.00
PIO         17.77            0.00                0.00 %             17.11 - 
30.85
Q            3.77          -   0.02         -   0.53 %         2.56 - 4.86
SBC         23.70            0.37             1.59 %          22.98 - 27.29
SFA         27.89            0.55             2.01 %          24.61 - 36.50
SIRI         5.67             0.29             5.39 %          2.01 - 9.43
FON         22.42            0.41             1.86 %          16.83 - 25.80
TWX         17.49            0.19             1.10 %          15.41 - 19.90
TIVO         5.24          -   0.04         -   0.76 %         3.45 - 10.10
UCOMA        9.29          -   0.07         -   0.75 %         5.80 - 10.23
VZ          35.43            0.57             1.64 %          34.13 - 42.27
VIA         35.10            0.45             1.30 %          32.56 - 42.32
DIS         28.35            0.45             1.61 %          20.88 - 29.99
XMSR        31.52            0.57             1.84 %          20.35 - 40.89

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