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Strategies & Market Trends : Sharck Soup

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To: Sharck who started this subject	8/29/2001 2:18:35 PM
From: Softechie	of 37746

Adelphia Comms (ADLAC) 30.09 -0.28: -- Intraday -- Buckingham Research reiterates STRONG BUY with a target price of $95; brokerage believes that company's management now considers the consolidation of Adelphia Business Systems' (ABIZ) results with the parent company to be an inhibiting factor in the performance of ADLAC; also believes that the company's management has made the decision to deconsolidate results; expects the deconsolidation plan currently involves the sale of ABIZ's EBITDA-positive systems to cable operators (including ADLAC) with overlapping systems and taking on additional bank debt.

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