--------------------------------------------------------------------- The Evening Bridge - February 22, 2006 --------------------------------------------------------------------- TOP STORY -- Liberty Media Corporation applied to the FTC for the right to convert its Time Warner equity position into voting shares. Currently, Liberty has an FTC order prohibiting them from converting the Time Warner stake to voting shares until February 2007. The request is made based on the fact that Liberty no longer holds interests in any U.S. cable system.
Our valued sponsors: Pace Electronics - http://www.pacemso.com/sky/Feb06/VAR/?RefSalesSrc=6003&Referrer=SkyVAR The #1 Space Conference & Trade Show in the World - http://www.NationalSpaceSymposium.org Applied Telcomm - http://www.appliedtel.com CEDIA Says 'CU on the Road' - http://www.cedia.org/education/on_the_road.php --------------------------------------------------------------------- Hot & Not --------------------------------------------------------------------- Hot Close Pts. + % Chg 52-Week SEAC 9.83 0.57 6.16 % 5.07 - 14.30 CCUR 2.64 0.15 6.02 % 1.45 - 2.59 NNDS 48.38 1.98 4.27 % 29.27 - 46.50 HLIT 5.87 0.23 4.08 % 4.08 - 11.53 VVTV 12.42 0.40 3.33 % 8.01 - 13.51 Not Close Pts. - % Chg 52-Week WGAT 1.32 - 0.16 - 10.81 % 1.26 - 6.03 OPTV 2.55 - 0.04 - 1.54 % 2.07 - 3.45 TWX 17.43 - 0.21 - 1.19 % 16.10 - 19.00 VZ 33.99 - 0.36 - 1.05 % 29.13 - 36.85 VIA 41.96 - 0.39 - 0.92 % 38.67 - 43.87 DOW 11,137 68 NASDAQ 2,283 20 S&P 500 1,293 10 --------------------------------------------------------------------- At the Bell --------------------------------------------------------------------- At the Bell: News Corp. said it will launch a new mini–network called My Network TV to provide prime–time programming for the 10 local channels they own. ---Qwest announced it signed a six year, $24.7 million agreement with the State of Wyoming Department of Education to be the main provider of network services for the Wyoming Equality Network ---This year, Cingular Wireless, is investing $385 million in its North and South Carolina networks to bring customers better call quality and coverage --- Microsoft it donating $41 million in software and cash for disaster relief to NetHope and the Interagency Working Group on Emergency Capacity Building Project. --------------------------------------------------------------------- Analyze This --------------------------------------------------------------------- Doug Shapiro of Banc of America Securities on DirecTV: "DirecTV is one of our top picks. Its continued good cost controls and increasingly evident focus on subscriber profitability rather than growth provides visibility into rapid free cash flow growth (we estimate 60% between 2006-2010) and refutes the bear case that it won't be run economically. We regard the shares as inexpensive and believe that just placing a market multiple on its free cash flow a few years out yields substantial upside in the stock." --------------------------------------------------------------------- PrimeTime Players --------------------------------------------------------------------- Close Pts. + % Chg 52-Week T 28.25 0.10 0.36 % 21.79 - 28.82 BLS 31.86 0.06 0.19 % 24.32 - 32.40 CVC 24.97 0.17 0.69 % 22.50 - 33.90 CBS 25.23 - 0.07 - 0.28 % 24.83 - 27.45 CHTR 1.24 - 0.01 - 0.80 % 0.88 - 2.00 CSCO 19.67 0.09 0.46 % 16.83 - 20.25 CMCSA 26.52 0.27 1.03 % 25.35 - 34.50 CSGS 22.27 0.06 0.27 % 15.74 - 24.76 DTV 15.58 - 0.06 - 0.38 % 13.17 - 16.79 DISCA 14.53 0.06 0.41 % 13.51 - 16.30 DISH 28.51 0.58 2.08 % 24.44 - 32.33 GMSTE 3.11 0.05 1.63 % 2.24 - 5.70 GE 33.64 0.28 0.84 % 32.21 - 37.34 IACI 28.51 0.66 2.37 % 23.49 - 55.50 L 8.22 - 0.01 - 0.12 % 7.59 - 10.71 LBTYA 20.41 0.17 0.84 % 19.79 - 52.32 MCCC 5.75 0.03 0.52 % 4.75 - 7.59 MSFT 26.72 0.18 0.68 % 23.82 - 28.38 MOT 21.77 0.20 0.93 % 14.48 - 24.99 NNDS 48.38 1.98 4.27 % 29.27 - 46.50 NWS 16.94 0.08 0.47 % 14.76 - 18.63 OPTV 2.55 - 0.04 - 1.54 % 2.07 - 3.45 OUTD 13.56 - 0.07 - 0.51 % 12.57 - 17.49 PAX 0.91 0.01 1.11 % 0.37 - 1.56 PLA 14.33 0.31 2.21 % 11.80 - 15.88 Q 6.29 0.02 0.32 % 3.30 - 6.39 SFA 42.88 - 0.01 - 0.02 % 26.73 - 43.90 SSP 49.17 0.69 1.42 % 44.85 - 52.91 SIRI 5.29 0.11 2.12 % 4.42 - 7.98 STM 17.22 0.09 0.53 % 13.96 - 19.90 TWX 17.43 - 0.21 - 1.19 % 16.10 - 19.00 TIVO 5.50 0.00 0.00 % 3.70 - 7.75 VZ 33.99 - 0.36 - 1.05 % 29.13 - 36.85 VIA 41.96 - 0.39 - 0.92 % 38.67 - 43.87 DIS 27.46 0.30 1.10 % 22.89 - 29.00 XMSR 21.95 - 0.01 - 0.05 % 21.44 - 37.31 ===================================================================== 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. --------------------------------------------------------------------- © MBC 2006 165 South Union Boulevard, Suite #280 - Lakewood - CO 80228 - tel. 303-271-9960 - fax 303-271-9965
