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CELTICS STOCKHOLDERS NOT PHASED BY TEAM'S RECENT MOVES

     Despite "jeers" over the decision to name M.L. Carr as
coach, publicly traded units of the Boston Celtics Limited
Partnership "barely moved" on Tuesday, according to Steven Syre &
Tom Nutile of the BOSTON HERALD.  One reason is that there are
enough "set, guaranteed or sure-thing" revenue lines that make
the Celtics "financially bulletproof" for a couple of years.
Money from the sale of WFXT-TV is "almost in hand," NBA TV
contracts and expansion fees are just a few of the sources of
steady income for the team.  In addition, the Celtics will play
in the new FleetCenter next year.  Investment analyst Peter Russ:
"The history of the new stadium is that you can be in last and
still sell out"  (BOSTON HERALD, 6/21).  Celtics Chair Paul
Gaston was interviewed by Mark Murphy in yesterday's BOSTON
HERALD.  Gaston:  "I've publicly said that I've turned down a
couple of great offers in the last year or so, and certainly
nothing has changed. ... I'm willing to spend whatever it takes
to get the Celtics back on track.  I wish it were that easy,
because I'd spend everything we make and more, but it doesn't
work that way" (Mark Murphy, BOSTON HERALD, 6/21).
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