Charter Communications (CHTR) was downgraded to Neutral from Outperform, Credit Suisse said. See lower valuations across cable sector due to declining growth rates and higher capital intensity. Target price cut to $1 from $2.

Its shares may seem tempting at just $1, but Charter is valued at nearly 10 times projected 2008 pre-tax cash flow, versus six to seven for Comcast and Time Warner Cable (TWC), which have far stronger balance sheets. Charter has $20 billion of debt. Lehman Brothers analyst James Ratcliffe, who carries an Underweight rating on the stock, last week cut his price target to $1 from $2, saying the stock is "still too expensive." Charter continues to bleed cash after capital expenditures and some of its debt yields more than 20%

cheap

Cool stock.

cable

down 58%

will go to $7 before 2-20-08

buyout?

gamble

yo-yo from $1.14 to $4.70 in a few months??

The greatest tax shelter ever created by Paul Allen in 2001 ;)

no clue

debt

Dinosaur

They've outsourced everything including their sole. Their crappy customer service - the worst I've EVER experienced - is a good indicator of their long term growth.

never know

horrible company

Owned the stock because I thought cable was being real competitive but once the housing bubble started, this stock tumbled like gymnastics.

I lose money

Cramer recommended