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Dish Network Corp. Message Board

  • sirwsj sirwsj May 6, 1998 2:23 AM Flag

    Interesting tidbits

    In a speech to cable executives, Federal
    Communications Commission chairman William Kennard called for an
    industry agreement on carriage of digital-broadcast
    signals if the parties want to preclude a role by the
    FCC.

    ....Kennard called on the cable industry to support
    the
    agency�s efforts to promote cable competition, including
    support for local-signal carriage by direct-broadcast
    satellite carriers and for new program-access rules "that
    work better."

    ===

    Also:

    Cox
    Communications Inc. Tuesday announced its definitive agreement
    to buy control of Prime Cable�s 319,000-subscriber
    Las Vegas system and related assets for $1.325
    billion in cash and stock.

    ===

    Something is
    wrong here... companies are paying billions
    for
    about a quarter million or around that figure for
    regional
    cable companies. Here you have DISH covering most of
    the US,
    with a larger subscriber base than most
    regional cable
    companies... and the market cap of this
    stock is about
    $350 million only?

    Someday
    this stock has to go up but when?!

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • Those regional cable companies have just been
      adding
      subscribers longer, thus have more cash flow, even
      though
      they are just regional. Considering that
      they all
      lose money, it really is obvious that cable
      cos.
      market caps are based on revenues, not
      earnings.

      Mike

 
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