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

To: Greg S. who wrote (1113)	12/3/1999 10:31:00 PM
From: Maverick	Respond to of 2437

Invertors are bullish on CHTR Un-Charter-ed territory? Plus: Geoworks buzz By Shawn Langlois, CBS MarketWatch Last Update: 5:37 PM ET Dec 3, 1999 NewsWatch Join the discussion Charter Communications is one stock market newbie that hasn't quite lived up to the lofty expectations set forth on the message boards ... yet. Sure, the company enjoyed a decent run following last month's IPO, but Charter (CHTR: news, msgs) just couldn't hold the initial momentum and quickly took a turn for the worse. Not to be denied, shareholders kept the faith and are now in the midst of a healthy surge. Although Friday's CHTR move, up 1 1/16 to 26 3/16, may have paled in comparison to the broad market's explosion, investors poured online to celebrate the future of Paul Allen's venture into the cable world. Carolyn saw no limits on Silicon Investor: "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." And she couldn't resist a little technical charting: " ... broke a double top, momentum positive, and positive breakout alert. Now I'm excited." More bullishness from AmeinA: "CHTR has a vision of the future -- buying smaller companies, striking deals with big companies. That's what sets apart long-term winners from the crowd -- add to that Mr. Allen's super deep pockets and you get a sure winner? On Raging Bull, Pressley shared his wide-eyed optimism: "Paul Allen has huge plans for his cable empire and it'll be one of, if not the biggest player in this space. He will link up every communication tool you can think of through those 'pipes.' This will be an unbelievable cash cow." And with the quiet period coming to an end, Jrh72 expected more of the same: "Actually, I thought there be some profit-taking this morning. Monday & Tuesday should be big days after the QP ends. A lot of analysts will be touting this stock, plus Charter can then announce plans." In the interest of impartiality, not everyone was ringing the CHTR bell. Bears, like PassPass, were outnumbered, but they had little trouble making their presence felt: "Does anyone seriously think about how CHTR differentiates itself from Time-Warner, Cox, AT&T and other cable companies? If you invest in this company because of Paul Allen, then you're better off buying MSFT and AOL, since both beat Paul Allen's investment track record." PassPass certainly wasn't alone, but CHTR shareholders didn't pay much attention to the naysayers. They were too busy enjoying, what they believed to be, the beginning of long and profitable ride.