All Signs At Tci Say `For Sale'

John Malone seems to be gearing up for some very big deals

It was hard to figure out what the partying was about. But there was John C. Malone, chairman of Tele-Communications Inc., on the stage of the Anaheim (Calif.) Marriott ballroom, peering from behind dark glasses and snapping his fingers as loud rock music played. TCI, the nation's largest cable company, had just reported a $136 million quarterly loss and was in the midst of a series of wrenching cutbacks. That made the theme of the Dec. 11 Anaheim concert--"cable is ready to rock and roll"--more than a little off-key.

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