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To: Crystal ball who wrote (14075)11/17/1999 3:39:00 AM
From: Puna  Read Replies (1) | Respond to of 28311
 
C.B. RE: NASDAQ maybegoofed on the symbol allocation, or people are not sold on the idea of broadband-width via cable, instead of Digital SUbscriber Lines DSL or T-1, T-3, etc etc....what do you think.

I think that we Broadband Partner Longs are visionary's sharing another Visionary's dream, and the fast buck shorter term is in fashion, they will jump on board when we start heating up.
This slow set-up period may try the patience of even some of todays staunch longs. Ok by me cause I play both<G>

As for China into WTO, we will see. Their involvement Trade wise may take awhile to get going but should have a large impact by Y2K1 I would think,

Provoking thoughts C.B.,

Puna



To: Crystal ball who wrote (14075)11/17/1999 5:53:00 PM
From: Greg S.  Read Replies (3) | Respond to of 28311
 
Charter Communications (CHTR) has been a failure as an IPO

It's all in how you look at it.

Some people call IPOs successful if the price doubles or triples on the first day. If a company only offers 3 million shares, they are so scarce they have volatility up the wazoo. And the company doesn't make a heck of a lot of money - all it does is go public. Yippee. What's so great about a yo-yo IPO? It's all a gamble.

Here's a profile of a successful IPO:

- Sold all the offered shares at the very top of the price range, plus an additional 12% held in reserve since it was so successful.
- Raised over 3 billion dollars for the company.
- Traded more shares on opening day than Microsoft did on its recent Judgement Day.
- Steadily rose in the period following the IPO on high volume, pulling back later on as the traders edged out on low volume.

With 195M shares outstanding, CHTR will have a very hard time shooting up 10 points in a day. There's too much liquidity. But it can steadily rise to those heights as institutions and savvy retail investors buy and hold-on-tight.

23 bucks a share. That's way cheap to own a piece of the future, and everyone will figure it out sooner or later.

Here's to figuring it out sooner.

-G