Liberty Media Corp (Capital) (LCAPA)

Making lots of money in an emerging industry. Seems like a no brainer.

Diversifying my portfolio

10% insider and 84% institutional ownership. Debt to cash is a little higher than I normally like too.

However, they made a great deal with Sirius, and contrary to popular belief, SIRI isn't going anywhere for a long time (I'm also long SIRI). Yes they're hurting, but they're stable and while flat now, over the next 2-4 quarters will start to turn up. This only adds to the huge returns for Liberty.

Their deal is great, the EV from that deal alone justifies LCAPA's current price, not to mention the other items that they own. The debt is in part due to Liberty snatching up lots of stuff cheap during this recession which is great.

LCAPA owns 40% of Sirius, 100% of the Atlanta Braves, Starz, and Overture Films, and smaller positions in many other public and private entertainment oriented businesses. They bought up a lot of SIRI debt and then worked out a deal to convert it into equity when the company was close the edge of bankruptcy. I am skeptical about Sirius and unimpressed by their other businesses. Even if Sirius turns into a success story, LCAPA does not offer the same upside since it has other assets and obligations to worry about.

Mr. Market is hurting and this company has been understated. This is a media giant moreover, it is a media holding company! Liberty Media is undervalued at these price multiples. The Market Cap is well under liquadation value! Liberty is another victim of forced liquidations.

I am long on this one. It is cheap at $3.00. It has been less then a year since it sold for $120.00 a share. The p/e is .37. Heavy insider buying tells me that people smarter then me believe this going to rebound very nicely. I hope to re-coup some of my other losses on this one.

Dirt cheap. Should rebound to 15-20 range in the next year.

John Malone is brilliant and will lead this stock out of the dungeon.

Hm......

This industry will always be in demand. Even with inflation we will always find the time and money to entertain ourselves.

Solid company.

things look good.

This stock will outperform because it has consistently shown that it can kkep up with the ever chabging technological world over time. It has recently seen some downturn due to the lagging economy but it will turn around when some of the uncertainty of our country financial wellbeing is settled. If not sooner, it should turn increase greatly after the presidential election.

Long term turnaround. Plays in media will be huge with tech turn around next few years.

Media is every where and anything now days is communicated that way.

PEG 0.09

Once they get past the litigation and valuation hiccups, they will be in a prime position to increase their asset holdings in video and online commerce. Expect a few international acquisitions in Asia and Europe as they look to increase their presence. Looking at their working capital utilization, they will be looking to recoup their more short term losses and swing for the fence!!!

This one is worth looking at. I think it's a winner.

Liberty Media Corporation is primarily engaged in the video and online commerce, media, communications and entertainment industries. Through its subsidiaries, the Company operates in North America, Europe and Asia. Its principal businesses and assets include QVC, Inc. and Starz, LLC and interests in IAC/InterActiveCorp, Expedia, Inc. and News Corporation. During the year ended December 31, 2006, the Company acquired IDT Entertainment from IDT Corp. and renamed it Starz Media LLC. During 2006, it also acquired Provide Commerce, Inc. and BuySeasons, Inc. In March 2006, Liberty Media Corportion acquired its interest in FUN Technologies Inc. During 2006, it sold its 50% interest in Courtroom Television Network, LLC.