PLFM - Undervalued with great potential Message Board

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Microcap & Penny Stocks : PLFM - Undervalued with great potential

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To: Rich who wrote ()	6/28/2000 3:35:00 PM
From: tony schwarz	Read Replies (1) of 9096

Give the people what they want,...even if they havn't heard of PLFM, they will. ggg (REUTERS) Satellite TV growing at cable's expense-study Satellite TV growing at cable's expense-study NEW YORK, June 28 (Reuters) - Satellite television is growing at the expense of cable, according to a study released Wednesday by the Satellite Broadcasting and Communications Association and the Yankee Group. The study shows that digital broadcast satellite (DBS) service is making significant inroads in areas that have cable TV systems. Of new DBS subscribers, 70 percent have cable available to their household. Local TV stations are available via satellite providers in about 46 percent of all DBS households and 56 percent of new DBS households. "These numbers are very encouraging, but this is not a time for complacency," said Chuck Hewitt, president of the Satellite Broadcasting and Communications Association, a trade group. Banc of America said in a research report Wednesday that it has maintained for the past few months that the sentiment that DBS is going to kill cable is too extreme. The firm believes the sentiment could swing back to cable in the second half of the year because digital cable will be widely available by the end of the year, and DBS operators are going to face tough comparables in the fourth quarter. It also said recent data suggests DBS growth may be slowing somewhat, which could cause a sentiment shift to happen sooner-than-expected. In December, satellite television services began offering local broadcast stations in the largest U.S. cities after President Clinton signed a law allowing such service. Industry officials said the new law would encourage consumers who had stayed with cable service in order to see local stations make the move to satellite service. ((-- New York technology desk, (212) 859-1860)) REUTERS * end of story *

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