Bosco & Crossy's stock picks,talk area Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Bosco & Crossy's stock picks,talk area

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Crossy who wrote (4010)	9/18/2003 10:09:59 AM
From: Crossy	Read Replies (1) of 37387

re: NTLI - NTL Inc. $50 - NEW HIGH NTL Inc. is zooming ahead. Speculation in the UK surfaced that NTL might be putting it's Tower Business up for sale - for at least $1.6bn USD.. This would enable the company to refinance it's highyield (19%) preferred completely and most of it's 11% debt too.. Another avenue is a registration statement authorizing issuance of new shares.. Since one of the 2 option is IMHO almost guaranteed to materialize (Chances > 80% inferred from similar cases) I'm increasing my MINIMUM TARGET from $60 to $100 over the next 12 months.. The implications of a refinancing would be huge anyhow - it would add around $2 per share to Free cashflow.. IMHO NTLI is THE best value in cable TV companies at the moment.. all the best to the patient shareholders who held on CROSSY

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next