  odogCable Centric Vendor BiasedPremium,VIP
join:2001-08-05
Atlanta, GA
kudos:5 | 19 Billion.... with a B 19 million, Paul would have paid that out of the rainy day fund... Or just sold a few million shares of MSFT! | |
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 |  coastjamPremium
join:2001-03-05
Atascadero, CA | Re: 19 Billion.... with a B At a boy Neil you and Paul go sail around the world with your money. The find a new venture to bankrupt. Oh I mean bilk the death out of while your customers suffer.
Not bad for two men who have not even reached the age of 50!
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AH-1W SuperCobra its a Hellfire of a ride... | |
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| Reviews:
 ·Charter
| Still they have did good in the last 2 years, they shaved 1.5billion of it off.
I think what most people don't realize is that most of that debt is from purchasing of other cable outfits in the early/late 90s. Mind you approved by loan companies..
Yes its a big debt, but other communications companies have debts close to that and have been hanging on for a LONG time. | |
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| |  jeffro
join:2007-04-20
Bay City, MI | Re: 19 Billion.... with a B Nothing would make me happier than to see Charter go bye-bye. Anything is better than them. If they got bought I'm hoping for comcast. That's the other provider in my area. | |
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| | |  HappyBunnyHi. Cram It.Premium
join:2001-06-23
Long Beach, CA
kudos:1 | Re: 19 Billion.... with a B Be careful what you wish for--if there is anything worse than Charter, it is Comcast. Since I am in the "lucrative LA system", I hope for Time Warner or Cox. | |
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| | | | | | Re: 19 Billion.... with a B said by HappyBunny: Since I am in the "lucrative LA system", I hope for Time Warner or Cox. You've been wishing for 6 years now. Maybe time to wish for World peace or something .. | |
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| | | | | | I think they Mean Louisiana, beleive it or not we had a very high profit margin last year.
Los Angeles, the west is sucking right now
Who knows, no one will buy a company 19 bilion in debt. | |
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| | | | | Re: 19 Billion.... with a B charter is excellent in my area.
10mbit/1mbit and no bandwidth caps. no other options here come close.
if i were to loose charter to comcast i would be most unhappy!
and anyone else that took over would most likely lower speeds. | |
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| | | | | | Re: 19 Billion.... with a B said by zafasinating :
charter is excellent in my area.
10mbit/1mbit and no bandwidth caps. no other options here come close.
if i were to loose charter to comcast i would be most unhappy!
and anyone else that took over would most likely lower speeds.
Yep,
Been awesome for me too, for 8 years now! Whereas, Comcrap, right around the corner from me, but unavailable, sucks.
--
The Firefox alternative.
»www.mozilla.org/projects/seamonkey/ | |
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| | |  TuPaK
join:2002-07-21
San Gabriel, CA | comcast? are you serious?!! /me slaps jeffro around a bit with a large trout | |
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| | | |
| | odogCable Centric Vendor BiasedPremium,VIP
join:2001-08-05
Atlanta, GA
kudos:5 Reviews:
·Comcast
1 edit | said by markopoleo:Still they have did good in the last 2 years, they shaved 1.5billion of it off. I think what most people don't realize is that most of that debt is from purchasing of other cable outfits in the early/late 90s. Mind you approved by loan companies.. Yes its a big debt, but other communications companies have debts close to that and have been hanging on for a LONG time. The debt was from purchasing other cable system at very high prices, Charter wanted to get big fast and they did that by buying anything they could get their hands on. The side effect was that they and Adelphia bought systems well above their true value which needed upgrades and other large capital expenditures. They also bought very remote non cluster'able systems with little ability to collapse hubsites and save on economies of scale. In the end the debt is from buying systems they probably shouldn't have bought in the first place! | |
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| |  morboComplete Your Transaction
join:2002-01-22
00000 | i think we realize that's where the debt is from. but it really doesn't matter. taking on too much debt as charter did is stupid. their stock has tanked over the past few years. | |
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| | Senior Management You have to blame senior management back in the late 90's until around 2002. Poor business decisions and fraud. They paid way to much for crap systems and then had to rebuild them on top of it.
I give Neil credit, he seems to have the company going in the right direction. Time will tell!
Wiki -The company was involved in an accounting fraud in 2000/2001 (relating to the inflation of revenue and operating cash flow and cable subscriber numbers) for which four former executives received criminal indictments in 2005. The company had been under financial pressure following a series of acquisitions; its stock peaked at $27.75 per share in November 1999, before falling to under $1 in 2002.[ | |
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| | Rumor Charter will sell PLEEEEEEEEEZE | |
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| | No Problems for Me I have been a Charter subscriber for 5 years with very few issues. I have the triple play. Only six months ago did I add telephone. I pay more for Telephone than when I had ATT Call Vantage but with the package costs all is cheaper. I have 10MB and get 9.9MB and 956K up all the time. I download alot of videos and other things and never have gotten a letter about abusing my connection. | |
|
 Smith6612Premium,MVM
join:2008-02-01
North Tonawanda, NY
kudos:21 | So... Who's most likely going to buy this company? Wouldn't Comcast own a bit over 50% of the market then if they bought this, or am I wrong? | |
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| Reviews:
·RoadRunner Cable
 ·AT&T Southeast
| Re: So... said by Smith6612:Who's most likely going to buy this company? Wouldn't Comcast own a bit over 50% of the market then if they bought this, or am I wrong? Nope other GREAT deal from comcast and tw again  | |
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| | | | Re: So... Were transition when Comcast took over other cable operations really bad? When we first got cable service after ditching DirecTV it was Comcast service but, just a few years before it was AT&T cable and Comcast bought it out. Our relatives, just before the buyout had AT&T cable and moved. When they moved, they got DirecTV at their new place, so I don't know if the service was bad when the transition happened. | |
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| | This story gets better ... Every year I've read it for the last six years. I'll belive it when I see it.
SSDD | |
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| | comcast vs charter I can tell you for certain, that even though Comcast could certainly be better... they aren't nearly as bad as Charter. I have relatives in both Madison and St. Louis with Charter. Their service is more expensive, their HD channels and On Demand content are FAR less than what Comcast offers (at least in Chicago) and as for the St Louis people, tons of technical and equipment supply issues. I'd say for channel offerings, Chicago is probably one of Comcast's better markets. They've also gone all digital as of last year. I suppose this is good and bad as it requires everyone with cable to have a box. | |
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| | Charter Charter is Da Bomb! | |
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