Comcast Corporation (CMCSA) Message Board

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Non-Tech : Comcast Corporation (CMCSA)

CMCSA 26.98

-3.1%

9:30 AM EST

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To: Paul Senior who wrote (107)	2/21/2000 7:12:00 AM
From: Herc	Read Replies (1) of 189

CMCSA is getting interesting again, falling thru support @ 40. Recent cable buyouts per were at an average of $4866/pop valuing Comcast's 8.2 million subscribers @ 53.08/share. I didn't factor any LT debt because I'm sure all their non cable system properties cover their LT debt and then some. Plus Comcast is the only big cable company I'm aware of not actually owned by the founding family. And their voting control may not mean **** if shareholders claim they are violating their fiduciary responsibilities. I thought about Charter, but Paul Allen owns 52% out right. At any rate, if was volatile as hell for a big cap, financially secure company (prior to its ascent in Nov.) and is a great trading stock. I may test support tomorrow. The A stock actually represents ownership in the company plus it has a higher beta. So, even though the volume is smaller than the K stock, it is the one to trade.

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