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Strategies & Market Trends : Trader J's Inner Circle -- Ignore unavailable to you. Want to Upgrade?


To: Canuck Dave who wrote (16792)6/29/1999 6:49:00 PM
From: LTK007  Respond to of 56535
 
Yes CD,tough call--as we all know a big block passing like this requires a big buyer also--but the bad sign it was followed by downticking---btw way when AMES collapsed to 11 last year this dumping was happening heavily and I ran from the stock--point being it is often hard to read an institutional dump--could be some institution
just wanted to take some profit off the table.
I will watch the opening tomorrow closely--
Regards HSAC,remember there is big money behind this stock--this company ambition is to be tier one.
It is already almost as large as ATHM--Charters Cable it is my understanding is the 4th largest cable company in the U.S.
You have a base of Charters Cable,GNET providing content and HSAC providing all the connectivity.
Allen's deep involvement in all these companies is for sure a major strategem,in my opinion.Good Luck,Max



To: Canuck Dave who wrote (16792)6/29/1999 6:56:00 PM
From: LTK007  Read Replies (2) | Respond to of 56535
 
from motley fool today<<
Through his Charter Communications, Allen is now the fourth-largest operator of cable systems, with 5.5 million subscribers.
He also owns a controlling stake in High Speed Access Corp. (Nasdaq:HSAC - news) , a company that will provide
broadband Internet access to many of Charter's cable customers. In turn, it's now clear that Go2Net will be the primary
content platform for these cable customers.

In other words, Allen is preparing a comprehensive broadband offering similar to the package provided by Excite@Home
(Nasdaq:ATHM - news) and its cable partners. And Go2Net's network of content, community, and commerce sites is a
crucial part of that offering.>>