Originally posted by AliasJerkââ??¢:
Originally posted by sigma:
Originally posted by AliasJerkââ??¢:
Originally posted by Rouar:
this video is for you

http://www.youtube.com/watch?v=CvVp7b5gzqU&search=comcast




just a heads up, Comcast and Charter are the same company. My dad works for Charter as a field supervisor and I get all of that insider info...



Do What?

That's a little "insider info" that I'm sure the executives of those 2 companies as well as the shareholders would sure like to find out about, since they are most definitely NOT the same company. They're about as close to being "the same company" as Microsoft and Apple are. They're fierce rivals in any region they compete in.

Comcast has been around for ages, Charter is a relative newcomer and owned primarily by Paul Allen, the guy from Microsoft, who has said that he might just buy the rest of the stock and take the company private. Comcast is doing alright, Charter is in dire financial straits and burning through money like it's going out of style.

You must be confusing either AT&T Broadband/Comcast which are one in the same now, or AT&T/SBC which are one in the same now. Because it certainly ain't Charter/Comcast. A quick look at their respective stock charts (CHTR & CMCSA) makes their differences VERY clear.



Dude, microsoft owns apple. They arent the SAME company persay I probably did go a little far in saying that, but Charter has some ownership in them... Just like Microsoft actually owns about 40% of apple.



Um. No.

Microsoft can't own 40% of Apple. 72% of Apple stock is owned by mutual funds and other institutional traders. More than 5% is owned by Steve Jobs. And several more % is owned by insiders, leaving just 15% for the rest of the market.

In truth Microsoft owns a teeny, tiny portion of Apple stock. If they still owned all the stock they bought way back in 1997, and it's doubtful that they still do, (there's no SEC filings for selling such a small percentage of shares) Microsoft would own just a bit less than 2% of Apple. That's a far cry from 40%.

Charter has no ownership in Comcast. Charter doesn't have the money to have ownership in anybody let alone any real portion of a comapny that's 125 times larger than it is.

Comcast could have ownership in Charter, but it's not good business to invest in a company that you make every attempt to drive out of business. Comcast has been very successful at driving down Charter's earnings and therefore it's stock price. Why would you want to own stock in a company that you've managed to drive down from $20/share to $1/share in just 4 years(unless you're buying it now at $1/share and you expect them to do better). And, at most, Comcast could only own a small percentage of Charter. Over 80% of shares are held by institutional traders or insiders. There's very little on the open market for Comcast to pick up.

If either company owns any percentage of the other, it's less than 5%, because any more than that has to be declared to the SEC with a 13D filing as a "beneficial owner" and the purchase declared on any 8K filings, and neither company has done so.

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