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National Presto Industries Inc. Message Board

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  • pmlljl pmlljl Apr 10, 2005 7:19 PM Flag

    Salton

    no slappz: I respectfully disagree that cable companies don't have to make money. Sure, I am in the minority. The cable industry has convinced investors that it will make money "someday". But investors just keep giving them more time. It is a con. Some day there will be a realization. It is like a Ponzi scheme. Particularly, if the cable company intends to grow. If you cut off the cash coming in from lenders and investors, money losing cable companies will eventually die. Some day it will happen to more cable companies. Paul Allen's Charter cable company is just about dead, and I predict CVC is next unless some stupid company buys them out.

 
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