This was posted at AVSForum by Paul Seng. Based on his posting history, I give credibility to Paul (but I can't tell about the credibility of his source):
I don't think that at this point Mr. Dolan is in a position to reverse the sale of the Rainbow-1 to E*, but maybe he's trying to buy the remaining of VOOM and use Rainbow-2. Anyway, I'm not hoding my breath on that. Only time will tell...
I have talked to someone who talks to Voom management on a weekly basis. The jist I got was that Chuck is right now putting together a package with his own money and a few other investors to outbid E*. He has about 5 months to get this together. the # of subs is between 40-45K now (guessimate on the managers part) and there is a huge demand on Motorola now to keep pace with new installs. This is coming from one Orourke manager who is in charge of the SE for independent dealers.
I don't think that at this point Mr. Dolan is in a position to reverse the sale of the Rainbow-1 to E*, but maybe he's trying to buy the remaining of VOOM and use Rainbow-2. Anyway, I'm not hoding my breath on that. Only time will tell...