So
> …because as recently as this past August 20 Charter Common Stock (CHTR) closed as low as $2.20, although it had rebounded to close at $3.05 on September 6, 2002. They obviously wish to succeed and the health of their stock is a clear indicator to investors what course they may presently be on. What a great news story for Wall Street to hear about how "Charter is getting back to the roots of the cable television industry in establishing and cultivating local relationships with a focus on exceptional customer service…which may help to stave off the increasing threat of irrevocably lost market share to DirectTV and other satellite competitors”. Who knows...it could be a great story!
>
> This is another of my “crystal ball” reprints (from February 27,2002):
>
> > Some time back I was looking into my crystal ball and I saw several Charter executives huddled around a conference room table calculating the cost savings, and associated increases in subscriber revenues, which would without the slightest shadow of a doubt be generated through the phasing out of direct contract arrangements with innumerable relatively small "Mom & Pop" type contract operations. The TCC's, Nacoms (which eventually formed the AmeriLink holding company entity which was then purchased by Radio Shack which SELLS both DIRECTTV and DISH Network competitive products) and other large conglomerates are apparently so well run that the efficiencies that they can uniquely provide would assist in vaulting Charter's profitability to unheard of heights. I made an immediate mental note to call my broker and jump in before it was too late but I must have gotten distracted by the announcement that Jerald Kent was resigning for unspecified reasons (my personal assumption was and still is that he did not fully agree with the direction Paul Allen was taking the company nor the methods that upper management would be deploying throughout that journey). Now I am looking at Charter’s stock which has dropped from a closing price of $16.59 on 12/26/01 to $10.61 on 2/26/02…in retrospect, if anyone hears of any Mom & Pops being rehired directly by Charter please let me know immediately as I may pounce on some bargain stock before it goes back up!
> > > if these folks need a shark of an attorney have them call bob dorsett in austin @ 512-327-4814. he is handling a case on behalf of 20 subs, suing a prime for non-payment.
> >
> >
> > > > Texas Cable Contractors is being thrown out of St Louis and is leaving dozens of unpaid subcontractors and sales people in their wake.
> > > >
> > > > They have blatantly lied to their subcontractors and sales people on many subjects including the price TCC is being charged for missing equipment, what equipment TCC missing, what jobs have been charged back to TCC, and what jobs TCC has been paid on.
> > > >
> > > > TCC has missed their payroll on several occasions, taking weeks and even months to make corrections. They have shorted us on our invoices almost every week and have not yet paid us for the shortages, retainer, or the final 3 weeks of work. We had to spend more hours correcting their mistakes than we spent doing the work.
> > > >
> > > > TCC came in with no communications license so I used mine to get them open. We provided the majority of their installations and passed Charters QC’s at nearly 100% until TCC got cut off by Charter and then we suddenly started seeing QC failures. Of course none of these so called QC failures that TCC is claiming had any of the forms that Charter uses for QC’s accompanying them, they were just copies of workorders with no explanations on them. We stayed after all of the other contractors left (smart contractors). We stayed after all of TCC’s own installers quit (smart installers). We stayed after all of TCC’s sales force quit (smart sales people). We stayed thru late, missing, and incorrect checks (stupid us). This is how TCC pays back the people that made them hundreds of thousands of dollars in this system and stood by them.
> > > >
> > > > We complied with all of TCC’s instructions on sales and installs and we quickly resolved any legitimate claims made against us. We have been falsely accused of so many things only to quickly prove that it wasn’t us or it wasn’t true.
> > > >
> > > > TCC is without a doubt the worst run and most dishonest organization I have ever worked with.
> > > >
> > > > You can hear similar stories from Foster Cable, Sparks Communications, and dozens of independents in the St Louis area.
> > > >
> > > > You can also search this site and TCC's to find other contractors complaining of the same things.
> > > >
> > > > Fair Warning.
>
> So, buy, sell, or hold CHTR?
Re: Maybe Charter would really like to work with y
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