NTL Emerges from Bankruptcy

British MSO NTL Inc. began trading on NASDAQ Monday after emerging from
Chapter 11 bankruptcy proceedings.

The MSO's stock opened trading at $17 per share and reached as high as $25.08
before closing trading Monday at $23.60 each.

NTL has been split into two companies -- NTL
Communications (containing its U.K. and Ireland businesses) and NTL Europe.