Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?

To: Thomas M. who wrote (54944)	1/5/2001 9:58:14 PM
From: Box-By-The-Riviera™	Respond to of 436258

thanks for posting that. great distinctions. J

To: Thomas M. who wrote (54944)	1/5/2001 11:56:01 PM
From: Ken98	Read Replies (5) \| Respond to of 436258

Thomas, that is an excellent point. And when a company like Charter can do a $1.75 BILLION junk bond float today, there just ain't no liquidity problem. Take a look at the underlying fundamentals of Charter. Going into today they had roughly $13.25 BILLION in debt supported by a $5 BILLION market cap and only 6.3 MILLION subscribers (on 10.1 million homes passed). Now they have around $15 BILLION in debt. By my calculations that comes out to $238 MILLION in debt PER EXISTING SUBSCRIBER. Interest costs alone are $16 MILLION per subscriber per YEAR! I don't know about you but I find that rather stunning and would love to talk to the numbnuts that took a piece of this issue. biz.yahoo.com