"The key for investors: Liberty Capital stock trades at a 58% discount to the value of all the assets that back it. The stock recently sold for $48, but the collection of assets it represents add up to $82 after debt, according to Robert Routh a media analyst with Wedge Partners. I think investors can exploit this valuation disconnect for fairly safe profits."

http://www.minyanville.com/businessm.../2010/id/29686