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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?

To: Baton who wrote (31688)	8/10/2000 9:19:15 AM
From: JLS	Respond to of 57584

A little bit more than the extraterrestials got ($11.5 mil)....he also just last week, I believe, threw some $$ at thestreet.com. High Speed Access Gets $75 Million From Vulcan, Charter Communications (Dow Jones Online News, 08/9/2000 19:53) DENVER -(Dow Jones)- Vulcan Ventures Inc. and Charter Communications Inc. (CHTR) reached an agreement in principle for a preferred equity investment of $75 million in High Speed Access Corp. (HSAC). In a press release Wednesday, High Speed said Vulcan Ventures, the investment organization of Microsoft Corp. (MSFT) cofounder Paul G. Allen, and Charter will invest about equal amounts. Charter Communications is a cable company, while High Speed Access provides Internet access via high-speed cable modems. Separately, High Speed reported a second quarter loss of $28.5 million, or 52 cents a share, on revenue of $2.76 million. -Jennifer Rossa; Dow Jones Newswires; 201-938-5400 (This story was originally published by Dow Jones Newswires) Copyright (c) 2000 Dow Jones & Company, Inc.