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Street Down on Charter

By Multi Channel News Staff -- Multichannel News, 11/7/2002 6:14:00 AM

Charter Communications Inc. saw a slew of downgrades the day after it reported disappointing subscriber-loss figures and cash-flow growth.

Credit Suisse First Boston Corp. downgraded Charter from 'neutral' to 'underperform'; Morgan Stanley cut it to 'underweight' from 'equal weight'; J.P. Morgan Chase & Co. downgraded the stock from 'neutral' to 'underweight'; and The Williams Capital Group L.P. cut Charter from 'hold' to 'reduce.'

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