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

To: EyeDrMike who wrote (416)	11/10/1999 7:26:00 PM
From: Hawkmoon	Respond to of 2437

this stock should have IPO'd at 40 or 50. Well, I was thinking more like $25-30. But what I think is happening is that PA is more interested in having a viable stock for the purpose of acquiring other companies, than in having an extra couple of billion in cash. So in order to get the street to provide him the support for his stock that he needs, he had to price it at a discount so that there would be significant upside for the underwriter's clients. Just my opinion. Regards, Ron

To: EyeDrMike who wrote (416)	11/10/1999 8:37:00 PM
From: GraceZ	Read Replies (1) \| Respond to of 2437

this stock should have IPO'd at 40 or 50 shhhhhh....some of us are still trying to accumulate. While the crowd is busy chasing companies that don't have a prayer of being around in five years, we've been handed an opportunity. (not including UPS in that group, great company) Cable companies weren't very sexy a couple years ago, they lose money and were subject to regulation....heavy into infastructure. Everything changed with the cable modem. I can't think of a better place to be right now....with the broadband revolution, as well as, the marriage of TVs with PCs coming faster than anyone realizes (for some not soon enough) BTW I'm old enough to remember the strategy of buying something before it went up.