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

To: johnsto1 who wrote (983)	12/2/1999 11:17:00 PM
From: Carolyn	Read Replies (1) \| Respond to of 2437

It's all in fun, really. In our opinion, this isn't just a cable company, but a lot more: a whole unusual entertainment package into the tv, telephone, internet, remote control of electrical functions, plus other stuff I cannot imagine. This is the beginning.

To: johnsto1 who wrote (983)	12/2/1999 11:38:00 PM
From: Joe S Pack	Read Replies (1) \| Respond to of 2437

Here are few numbers to bear in mind. * Total IPOed shares (including 25.5M shares sold by underwriters on demand) = 195.5 (170.0+25.5) Class B to A conversion option (Vulcan Cable+Charter Investment) = 322.67M Due to acquisition (stock as currency) = 64.08M Options to directors and employees = 21.25M ------------ If all conversion and options are exercised then total shares outstanding = 606.5M --------------- * Long-term debt (notes with different maturity and rate (8.25%, 8.625, 9.2, 10.0, 11.125%) = 3.3B. plus some more which I did not have time to go through. * As part of this IPO underwriters made 129.2M on the day of IPO. After selling additional 25.5M shares they must have some more bundle. But it is typical now a days. I am not a number guy but based on my cursory scanning of CHARTER's prospectus (yes it is a 727 pages pillow) I am not as enthued as some of you. But waiting for atleast couple of splits based on internet and broadband band bandwagon. CHTR will be in a unique position CABLE plants+Own Portal (Gnet) and some deal with T for communications. This combination will make it a good candidate for usual "expectations" by analysts. Long CHRT #66 and my target, as posted couple of days back, is 66 by March and $45 for Jan 14th. -Nat ------------