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Strategies & Market Trends : Pump's daily trading recs, emphasis on short selling
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To: Michail Shadkin who wrote (4436)7/22/2001 1:22:36 AM
From: XBrit  Read Replies (1) of 6873
 
Thank you, that's a pretty convincing analysis. I will re-short NLI at the next good entry, full position this time.

Surprisingly enough, cable TV has NEVER been a good business in England. It's a densely populated country, and over-the-air reception has always been great because distances are short. The big change the past 10 years has been satellite, because it carried a lot more programming than the government-controlled over-the-air. Cable is kind of caught between the two... no real advantage once satellite is established in the market, and the build-out costs are MUCH higher.

(Yes, I used to be English)
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