--------------------------------------------------------------------- The Evening Bridge - April 13, 2005 --------------------------------------------------------------------- TOP STORY: The DirecTV Group said two of its subsidiaries, DirecTV Holdings LLC and DirecTV Financing Co., elected to redeem $490 million aggregate principal amount of their outstanding 8-3/8 percent senior notes due 2013, representing 35 percent of the $1.4 billion aggregate principal amount outstanding. DirecTV Holdings also completed its previously announced senior secured credit facility. The size of the facility was increased to $2.5 billion as the company elected not to proceed with an anticipated $500 million unsecured notes offering.
Our valued sponsors: Telkonet, Inc. - http://www.telkonet.com/html/satellite-plc.html Perfect 10 Distributing - http://www.perfect-10.tv CASE, Inc. - http://www.case-inc.com Check out The BRIDGE Blog. - http://www.mbc-thebridge.com/blogs.cfm --------------------------------------------------------------------- Hot & Not --------------------------------------------------------------------- Hot Close Pts. + % Chg 52-Week LBRT.PK 0.40 0.07 21.21 % 0.00 - 0.00 MEG 64.52 3.10 5.05 % 53.70 - 72.48 NOOF 6.35 0.19 3.08 % 5.67 - 10.15 MDSI 6.23 0.13 2.13 % 3.83 - 9.10 ARRS 6.85 0.09 1.33 % 3.73 - 9.92 Not Close Pts. - % Chg 52-Week WGAT 5.00 - 0.38 - 7.06 % 1.35 - 6.89 PAX 1.11 - 0.05 - 4.31 % 0.48 - 4.00 CRWNE 8.83 - 0.38 - 4.13 % 6.25 - 9.78 NT 2.59 - 0.11 - 4.07 % 2.61 - 6.02 CCBL 6.17 - 0.25 - 3.89 % 5.57 - 15.10 DOW 10,404 -104 NASDAQ 1,974 -31 S&P 500 1,174 -14 --------------------------------------------------------------------- At the Bell --------------------------------------------------------------------- Comcast Chairman and Chief Executive Officer Brian L. Roberts said Boston and Hartford, Conn., are two of the next markets to launch Comcast Digital Voice --- XM Satellite Radio plans to provide services to Zipcar, a provider of cars for use by the hour or day. --------------------------------------------------------------------- Analyze This --------------------------------------------------------------------- Alden Mahabir of Vintage Research on reports that Adelphia will accept a $17.6 billion bid from Time Warner Cable and Comcast for its assets: "Time for the sector to move forward. The overhang of Adelphia weighed heavily on Time Warner and to some extent the cable sector. With the added clarity, we believe Time Warner and the sector could see additional investor interest." --------------------------------------------------------------------- PrimeTime Players --------------------------------------------------------------------- Close Pts. + % Chg 52-Week BLS 26.26 - 0.39 - 1.46 % 24.46 - 28.96 CVC 27.11 - 0.59 - 2.13 % 16.13 - 31.64 CHTR 1.31 - 0.01 - 0.76 % 1.23 - 4.95 CMCSA 33.47 - 0.06 - 0.18 % 26.25 - 34.50 CSGS 16.55 - 0.02 - 0.12 % 14.02 - 21.22 DTV 14.75 - 0.35 - 2.32 % 14.21 - 18.81 DISH 29.26 - 0.51 - 1.71 % 26.95 - 34.91 GMSTE 4.31 - 0.07 - 1.60 % 3.97 - 6.85 GE 35.64 - 0.45 - 1.25 % 29.55 - 37.75 ICCI 11.92 - 0.03 - 0.25 % 7.83 - 12.15 IACI 21.89 - 0.56 - 2.49 % 19.16 - 34.62 L 10.38 - 0.04 - 0.38 % 8.33 - 11.45 LBTYA 42.93 0.20 0.47 % 28.60 - 47.70 MCCC 6.22 - 0.08 - 1.27 % 5.06 - 8.55 MSFT 25.04 - 0.28 - 1.11 % 23.82 - 30.20 MOT 15.28 0.00 0.00 % 13.83 - 20.89 MBND 1.28 - 0.01 - 0.78 % 0.96 - 2.70 NNDS 34.33 0.04 0.12 % 19.60 - 40.00 NWS 17.24 - 0.27 - 1.54 % 15.31 - 19.41 NXTL 29.28 - 0.37 - 1.25 % 21.18 - 30.50 OUTD 14.35 0.10 0.70 % 12.50 - 19.30 PAX 1.11 - 0.05 - 4.31 % 0.48 - 4.00 PIO 18.13 - 0.44 - 2.37 % 17.11 - 30.85 Q 3.77 - 0.03 - 0.79 % 2.56 - 4.86 SBC 23.83 - 0.06 - 0.25 % 22.98 - 27.29 SFA 28.07 - 0.42 - 1.47 % 24.61 - 36.50 SIRI 5.29 - 0.12 - 2.22 % 2.01 - 9.43 FON 23.29 - 0.30 - 1.27 % 16.83 - 25.80 TWX 17.78 - 0.18 - 1.00 % 15.41 - 19.90 TIVO 5.97 - 0.19 - 3.08 % 3.45 - 10.00 UCOMA 9.30 0.05 0.54 % 5.80 - 10.23 VZ 34.90 - 0.29 - 0.82 % 34.13 - 42.27 VIA 34.73 - 0.32 - 0.91 % 32.56 - 42.32 DIS 27.70 - 0.44 - 1.56 % 20.88 - 29.99 XMSR 29.47 - 0.99 - 3.25 % 20.35 - 40.89 ===================================================================== For all the industry critical news - see: The BRIDGE War Room - http://www.mbc-thebridge.com/research.cfm SkyREPORT - http://www.skyreport.com SkyRETAILER - http://www.skyretailer.com The BRIDGE - http://www.mbc-thebridge.com -------------------------------------------------------------------- -To modify your subscription to The Evening Bridge, visit http://www.mbc-thebridge.com/register.cfm We welcome your comments and suggestions. Contact the editor at [EMAIL PROTECTED] Data and information is provided for informational purposes only and is not intended for trading purposes. MBC is not liable for any errors or delays in the content or for any actions taken in reliance thereon. --------------------------------------------------------------------- Â MBC 2005 807 Arapahoe Street - Golden - CO 80401 - tel. 303-271-9960 - fax 303-271-9965
