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Technology Stocks : UCOMA UnitedGlobalCom

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To: RockyBalboa who wrote (238)2/12/1999 8:50:00 AM
From: Mad2   of 489
 
C,
UIHIA has 40 mil shares outstanding (31 cl a and 9 cl b)
around 650 mil in debit gets retired
UIHIA has extensive cable and sat. operations in asis and latin america (around the size of upc combined
if upc can up the revenue per home they would be around the size of cox communications (that's upc) who has 2.4bil in debit, as they will serve around the same number of customers after upc getts all of utc (amsterdam broadband cable j/v)
if you sutdy S-1A revenues are under stated because UPC doesn't consolidate results of UTC and A2000. This will change as with the spin upc buys nuon's 49% of utc (who owns 25% of A2000).
Main issue for upc is they average $15 per household in NL, $30 in france, $40 in Isreal where as the cable market in Britian is $67 per household and $75 in the USA. Conversley UPC whould be a greate market for telephone service as the average line in USA cost $13 and in europe the average line cost is around 40-$50
All in all these companies are very difficult to understand. IMO UIHIA is a good long term investment at the current 54/share. Who knows how it'll do today. I suspect UIHIA will go up, but don't know how many left over momentum buyers are still in who will probably want to get out today.

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