Re: Another New Low, ATHM Closes at $4.00

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#209

From: John Navas
Date: Fri, 22 Dec 2000 23:29

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[POSTED TO ba.internet; PLEASE REPLY THERE]

In <3A42996D.9F274133@spamcop.net>, Mike Blackford
<mblackford@spamcop.net> wrote:

>Like any good albatross around the neck of its owner, ATHM has managed to
>drag AT&T's stock price to its lowest price in 11 years at just slightly
>above $17/share. As a 23.4% owner of ATHM stock, AT&T has lost
>$809,327,500 since the beginning of the quarter, on just the market value
>of their ATHM stock.  This more than wipes out the AT&T Broadband EBITDA
>of $739 million for the 6-month period ending June 30, 2000.
>
>In comparison, shares of both Cox and Comcast are holding their market
>value in a down market.  ...

Personally I think the price of AT&T stock is much more related to the
most recent manifestation of AT&T's periodic self destruction.

-- 
Best regards,
John Navas     <http://navasgrp.home.att.net/>
     CABLE MODEM/DSL GUIDE:  <http://Cable-DSL.home.att.net/>

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From: John Navas <spamfilter@navasgrp.dublin.ca.us>
Newsgroups: comp.dcom.modems.cable,ba.internet
Subject: Re: Another New Low, ATHM Closes at $4.00
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