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Technology Stocks : United Pan-Europe Communications - UPC (UPCOY)
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To: Joe Gots who wrote (60)4/21/1999 1:10:00 AM
From: Seeker of Truth  Read Replies (1) of 95
 
Ten times in five years?
I wonder. UPCOY is essentially a cable company, right? Cable is superior technically to DSL and also probably to radio transmission so
cable companies monopolize the best means of communication in the area
they service. In Europe monopolies are usually price controlled or else owned by the government. So UPCOY looks quite safe on the downside but is there really so much upside? I'm looking at this stock
as a possible buy but there is this big question mark. Does anybody
know things that would oppose my price control argument? Also the capital investment to expand their cable systems in eastern Europe will be large and this means more shares sold etc., some dilution.
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