Liberty Media Corp (Capital) (NASDAQ:LCAPA)
Engaged in the video and on-line commerce, media, communications and entertainment industries in North America, Europe and Asia.
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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.
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Long term turnaround. Plays in media will be huge with tech turn around next few years.
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Media is every where and anything now days is communicated that way.
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PEG 0.09
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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!!!
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This one is worth looking at. I think it's a winner.
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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.
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close to deal with news corp that will be accretive
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this stock is trading at ~40% discount because of tax issues. i believe the management team is able to unlock the underlying value.
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