Magi Astrology--Financial Astrology

FINANCIAL ASTROLOGY

First Trade Date for Comcast Corp.

Company Name	First Trade Date (yyyy-mm-dd)
Comcast Corp.	1986-12-24

Company Name	Symbol
Comcast Corp.	CMCSA
History and Business of Company (this information may include date of incorporation)
Comcast Corp. (CMCSA) is principally involved in three lines of business: cable, commerce and content. The company's cable communications business is principally involved in the development, management and operation of broadband cable networks in the U.S. The company's consolidated cable operations served approximately 7.7 million subscribers and passed approximately 12.9 million homes as of Dec. 31, 2000. In Dec. 2000 and Jan. 2001, the company completed cable system exchanges with AT&T Corp. and Adelphia Communications which served approximately 1 million subscribers. Commerce is provided through the company's consolidated subsidiary, QVC, Inc. Through electronic retailer QVC, the company markets a wide variety of products directly to consumers primarily on merchandise-focused television programs. QVC was available, on a full and part-time basis, to over 77 million homes in the U.S., over 8 million homes in the United Kingdom and over 22 million homes in Germany as of Dec. 31, 2000. Content is provided through the company's consolidated subsidiaries including Comcast-Spectacor, Comcast SportsNet and E] Entertainment Television, Inc., and through other programming investments including The Golf Channel, Speedvision and Outdoor Life. Comcast SportsNet is a 24-hour regional sports programming network which provides sports related programming, including the Philadelphia Flyers NHL hockey team, the Philadelphia 76ers NBA basketball team and the Philadelphia Phillies baseball team to about 2.7 million subscribers in the Philadelphia region. E] Entertainment is a 24-hour network with programming dedicated to the world of entertainment distributed to approximately 67 million subscribers as of Dec. 31, 2000. Home Team Sports (now Comcast SportsNet-MidAtlantic), acquired in Feb. 2001, provides sports programming to about 4.8 million subscribers in the Mid-Atlantic region, including the Baltimore Orioles baseball team, Washington Wizards of the NBA, and Washington Capitols and Carolina Hurricanes hockey teams. The company extended an offer to AT&T in August 2001 to purchase its AT&T Broadband division for $44.5 billion in stock, plus assumption of $13.5 billion in debt. The proposed acquisition would add approximately 700,000 subscribers to the company's customer base, and bring the total number of subscribers served to about 8.4 million. INCORPORATED in Pennsylvania Mar. 5, 1969. March 5, 1992, acquired a 50.01% direct and a 49.99% indirect interest in AWACS, Inc. for $567,000,000 cash, Preferred stock of a subsidiary, and apx. $1,000,000,000 (face amount payable at maturity) zero coupon notes due Mar. 5, 2000. Prior to Dec. 2, 1992, the company owned 50% of SCI Holdings, Inc., which wholly owned Storer Communications, Inc. On that date, SCI divided its net assets proportionately between the company and SCI's other stockholder, SCI was merged into Storer and the company became the sole shareholder of Storer. In related transactions, the company and SCI's other stockholder each made capital contributions to SCI of $1,100,000,000; and the company redeemed $275,000,000 of its long term debt held by Storer, and assumed $119,000,000 of Storer's debt. Storer paid its outstanding bank debt, its 15% Sr. Subord. Debs. due 1997, and a majority of its Serial Zero Coupon Notes; and on Jan. 4, 1993, redeemed its Preferred stock for $746,888,000, including accrued dividends. In 1992, the company recorded an equity in net loss of Storer totaling $52,297,000 resulting from the early extinguishment of debt by Storer. February 1995, the company and Tele-Communications Inc. (TCI) acquired all stock of QVC Inc. not previously owned by them for $46 in cash per share, representing a total cost of apx. $1,400,000,000. Following the acquisition, the company and TCI owned, through their respective subsidiaries, 57.45% and 42.55% respectively, of QVC. In November 1996, the company acquired the cable television operations of the E.W. Scripps Co. in exchange for 93,048,000 shares of Cl. A Special Common. OFFICE- 1500 Market St., Philadelphia, PA, USA 19102-2148 (Tel.: 215-665-1700). Fax - 215-981-7744. WEBSITE- http://www.comcast.com.

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