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Politics : Formerly About Applied Materials

AMAT 295.83

+4.1%

Jan 6 3:59 PM EST

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To: Taby who wrote (22329)	7/31/1998 11:57:00 AM
From: Gottfried	Read Replies (1) of 70976

Taby, you asked >Why nobody mentions AMAT being up over $1 in a down market?< Some investors see things others don't. Here's another example for that... " Paul Allen to Pay Record Sum For Charter Communications" By EBEN SHAPIRO Staff Reporter of THE WALL STREET JOURNAL Technology billionaire Paul Allen, in his latest move to assemble a cable empire, agreed to pay $2.5 billion in cash for Charter Communications Inc. and assume $2 billion of the cable system's debt. [snip] July: Paul Allen buys Charter Communications Inc. for $3,700 per subscriber. June: AT&T Corp. agrees to acquire Tele-Communications Inc. for $3,000 a subscriber. May: Cox Communications Inc. announces plan to buy Prime Cable's Las Vegas cable system for $3,100 per subscriber. April: Paul Allen acquires Marcus Cable Co. for $2,500 a subscriber. WSJ subscribers interactive.wsj.com GM

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