EOTNOCMAN

Stay Away From Charter Communications: Bankruptcy Filing Looming?

Charter has debt, and Charter is performing well Quarter after Quarter. Revenues are growing as is profit and cash flow, chart them! Charter is the least exposed MSO from FiOS with about only 5% of its foot print exposed to that service. But the RBOCs are going to find it difficult to win the MSO vs. RBOC smack down. The MSO's are adding high margin Voice and data, they already have the low end video and the RBOCs are spending Billions upon Billions, I would watch them. If you are worried about MSOs like Charter watch their performance and as they say in business the KEY is "EXECUTING" and they are. The direction is good, and as they improve that financing rate should get better and the debt drain should diminish.

If Charter reports another 9+% increase in revenues again this quarter and again closes the gap on their losses, keep an eye on them to get much healthier, and their stock to get back to $5-6 and stay there. To pass judgment with our evaluating the business, their performance history and the direction of the company, and how it impacts them financially you are not doing your homework, I give you a C- for that article and will tell you that you don't get the whole story by reading Cliff Notes! Charter is not a quick make a ton of money unless you ride the wave of Shorters and brokers who can make a lot of money on this stock because it can be sold either way. But for the long term 12 months or better I say buy until they stop performing.

Guess you got to run a business to understand how a business runs.