Keiko: An attempt to put two plus two together and make 5 or 6.
Two clips I saw today-- in essence makes me think that at least some movers and shakers like Paul Allen etc ( ex MFST) are starting to bet big time that the TV is going to be the port for data-- entertainment--newspapers etc via the internet into the house.
Basically, most of us have one,two,three TV's and only 20% have computers--Soo-- if you want to come into the largest viewing audience-- go via the cable to TV. The first bit on another AIME post got me thinking about the small float for AIME. It also reminded me about Conrad Black of Hollinger fame buying in and the chit chat of how Nespapers may be the next target over the internet-- and can be viewed on high speed on all the different TV's in a house. Dad watches sports and surfs for newspaper articles, while Mom surfs the financial pages etc.
Anyway-- the Paul Allen article is really interesting.
A thread of an idea--What do you think about AIME's prospects from this angle.???
Clip 1
Thank you for your interest in AIME .
We are in the process of preparing an
application to the SEC to become a reporting company, and at that time
expect to go for listing on either the NASDAQ National Market or the AMEX.
There are approximately 15 million shares outstanding, with approximately
3.5 million in the float. Hope this helps.
Clip 2
Tech Stocks Paul Allen Sets Deal to Acquire
Cable Concern for $4.5 Billion
An INTERACTIVE JOURNAL News Roundup
Paul Allen, just months after his first foray into cable television, announced a huge deal to acquire another cable operator, Charter Communications, for $4.5 billion.
With Thursday's deal, the billionaire investor and Microsoft Corp. cofounder adds Charter to his initial cable holding, Marcus Cable, which he agreed to acquire in April for $2.78 billion.
Closely held Charter, based in St. Louis, has more than 1.2 million customers in 19 states.
In investing in the two cable concerns, Mr. Allen is signaling his conviction that it's the cable infrastructure that will most quickly deliver interactive services -- including educational materials, Internet access, entertainment and sports content -- to consumers.
Mr. Allen, who left Microsoft's management in 1983, is betting that a huge market will emerge for lightning-fast transmission of data, video and other interactive services, using a wide array of sophisticated networks and delivery devices.
He already has made a series of investments to support that bet, including a 4.3% stake in St. Paul, Minn.-based U.S. Satellite Broadcast Co., which is valued at $80 million. And he has a 49.5% stake in Los Gatos, Calif., wireless-data-networking company Metricom Inc.
Mr. Allen, whose personal fortune is valued at $20 billion, has become a big believer in the use of cable modems to deliver data at high speeds to homes. He is less confident about the speedy arrival of alternatives such as digital subscriber lines, or DSL, which the telephone companies hope will be big money makers.
In a press release Thursday, Mr. Allen said Jeffrey A. Marcus, the founder of Marcus Cable, will serve as chairman of the combined company, which will be the nation's seventh-largest cable operator serving 2.4 million customers. Charter chief executive Jerald L. Kent will become the chief executive of the combined organization. |
