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Technology Stocks : Charter Communications (CHTR) -- Ignore unavailable to you. Want to Upgrade?

To: Carolyn who wrote (33)	9/7/1999 4:54:00 PM
From: PatrickMark	Respond to of 2437

A "feel-good" blip from today's Seattle P-I, FWIW: seattlep-i.com Investors eagerly await IPO of Allen's TV firm Few IPOs are expected next week, as investors clear the decks for a biggie: Paul Allen's Charter Communications Inc., the No. 4 cable TV firm, is going public later this month. Well, the Mercer Island billionaire/Microsoft co-founder's company isn't the only initial public offering in the pipeline. Jupiter Communications, which sells research on Internet behavior, also is coming up this month. And after that it really gets busy. About 104 companies plan initial public offerings between now and the end of the year, with 51 of these Internet-related, according to CommScan LLC. But Allen's is among the most eagerly anticipated. Charter Communications "is almost a lock to do extremely well," one analyst said. The company's "network is one of the more highly upgraded ones among the cable networks." Charter Communications, based in St. Louis, is scheduled to go public the week of Sept. 27, according to Goldman Sachs & Co., which is handling the sale.

To: Carolyn who wrote (33)	9/7/1999 7:37:00 PM
From: Sarkie	Read Replies (2) \| Respond to of 2437

CHTR Charter Communications We have a ticker symbol!

To: Carolyn who wrote (33)	9/8/1999 5:14:00 PM
From: RTev	Read Replies (1) \| Respond to of 2437

Allen also put in a bid for the Pittsburg Penguins when they were for sale. His basketball stadium in Portland was built for both basketball and hockey. I believe he's on the short list of expansion candidates for the NHL, but they've grown a bit too fast and don't seem to be in any mood to expand. The alternative is to buy an existing team. A bid from Allen is not good news for any city that wants to keep its hockey franchise, because he's made it clear that he wants a team in his arena in Portland. This is also why I expect Charter and AT&T to do a trade for the Portland cable franchise once the regulatory mess there is cleared up.