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Technology Stocks : Charter Communications (CHTR)

CHTR 208.71

-0.4%

Dec 31 3:59 PM EST

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To: Carolyn who wrote (33)	9/8/1999 5:14:00 PM
From: RTev	Read Replies (1) of 2437

Allen also put in a bid for the Pittsburg Penguins when they were for sale. His basketball stadium in Portland was built for both basketball and hockey. I believe he's on the short list of expansion candidates for the NHL, but they've grown a bit too fast and don't seem to be in any mood to expand. The alternative is to buy an existing team. A bid from Allen is not good news for any city that wants to keep its hockey franchise, because he's made it clear that he wants a team in his arena in Portland. This is also why I expect Charter and AT&T to do a trade for the Portland cable franchise once the regulatory mess there is cleared up.

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