Word: tci
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Dates: during 1990-1999
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...their annual convention. Though the severity of Washington's legislation is still an open question, the tide may be turning for one of the hot businesses of the late 1980s. Cable companies are already suffering from investor wariness. The largest U.S. cable operator, Denver- based Tele-Communications, Inc. (TCI), which draws 78% of its revenues from cable, has seen its stock price fall 29% since early October, to 14 3/4. Time Warner, which derives 25% of its revenues from cable programming and operations, has endured a share-price decline of 32%, to 95 1/2, during the same period. "I would...