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

To: Luce Wildebeest who wrote (1153)	12/5/1999 12:43:00 PM
From: Luce Wildebeest	Read Replies (2) \| Respond to of 2437

Do insiders hold any of this stock. If so who and how many? Thanks, Niv

To: Luce Wildebeest who wrote (1153)	12/5/1999 12:47:00 PM
From: Sarkie	Respond to of 2437

Calvin, I certainly would not be shorting this stock. With the deal Charter has just made with AT&T, coming out of their quiet period, acquistion announcements, Paul Allen's vision, not to mention financial backing from the 2nd wealthiest man in the world. I also doubt there will be a selloff of this stock, given the large amount of institutional purchases. Selloff's happen on a daily basis with the day trading, and we all expect this stock to fluctuate on regular basis, but not to any huge deficit. Charter has established a very solid base and we have plenty of blue sky ahead. I expect Charter to be a steady climber with bursts upon good news. Financial gains will come by being long on this stock, not in shorting. ~Sarkie

To: Luce Wildebeest who wrote (1153)	12/5/1999 12:55:00 PM
From: Louis Cornell	Respond to of 2437

Calvin, only a fool believes stocks only go up. My experience tells me though that you don't fight the trend. The last week of trading has shown strong accumulation taking place. Profit taking will occur, but watch the size of the trades. Are the up trades on large volume, and down trades on small volume, or vice versa? See for yourself, and if you know institutional activity drives these large caps, the answer will be known to you. regards, Louis #113

To: Luce Wildebeest who wrote (1153)	12/5/1999 12:57:00 PM
From: faqsnlojiks	Respond to of 2437

The TA on this stock is difficult to interpret due to its relatively short history...but based on the information at hand, it looks pretty darn good for the near future. As Carolyn mentioned in a previous post, a double-top break occurred at 26, and momentum is positive. A series of higher bottoms is bullish and $26 is only 1 box up, so I could easily believe that we could rise higher (price objective is in the 30's). Disclaimer: I'm a shareholder and have a vested interest in seeing this baby ROCK! <gg> -Joe

To: Luce Wildebeest who wrote (1153)	12/5/1999 5:45:00 PM
From: crimson	Read Replies (1) \| Respond to of 2437

Calvin - I'm not sure we should be thinking about a selloff as of yet. For the most part, the closing price is only $7 off the 52 week low, and for the past week, there appears to be heavy accumulation and most trading showed large buys and relatively small sells. I suspect we will see a small gap up tomorrow, but that depends on coverage. Considering the volume, I would suspect that brokers already have their shares, so I would assume a nice run of press releases. But, you know the old saying of the word ASSUME? <g> I think the things I like best about CHTR are some of the simple DD facts. The book value of CHTR is $18+ and the price to book is about 1.4. Considering some of the competitors are GLW (Corning) price to book over 11 and PSIX and GBLX and VYTL, each of these have a much higher price to book. Simple numbers that don't carry a lot of weight, but could be important to brokers and large investors. I can't begin to caluclate the price of CHTR as it compares to its peers, but they do cover a wide spectrum, and they should have a price to book of 3-5. Low end that would be about $54, and a high of $80. Again, this is really silly, because I can not begin to calculate the real value. Investors do that. I own GLW in my long portfolio and don't have the option of selling it, so there it sits. I watched when I received 500 shares of GLW at $50 depreciate to $30. But, it is now over $100. Time will tell with CHTR, and I will not be following it every day! Good luck to you. Playing the guessing game, I would say CHTR closes around $28 tomorrow with any coverage, and finish the year out around $35. Market conditions will tell the story. CHTR one year from friday could see a price of 3 times the current price. Again, looking at the competition, each of GLW, PSIX, VYTL, GBLX - tripled in 12 months. That would be nice.