Info from last 3 quarters. Company and SEC seem to go out of their way to complicate these reports. These are some numbers I thought were interesting:
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The outstanding loan balance due to Mr. Lenfest as of September 30, 1997, is $4,819,712,
The aggregate outstanding loan balances due to Mr. Lenfest as of December 31, 1997 are $4,319,712.
The aggregate outstanding loan balances due to Mr. Lenfest as of March 31, 1998 are $3,769,712.
3rd qtr 1997 income $202,386 before taxes.
4th qtr 1997 income $137,439 before taxes.
1st qtr 1998 income $167,034 before taxes.
As of September 30, 1997, the Company was serving approximately 9,300,000 full-time cable subscribers
As of December 31, 1997, the Company was serving approximately 10,000,000 full-time cable subscribers and 1,500,000 part-time subscribers
As of March 31, 1998, the Company was serving approximately 9,800,000 full-time cable subscribers and 1,300,000 part-time subscribers
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Looks to me like TEVE is paying down debt and making money and holding on to customers. Now, if we could just grow their Internet pay-per-view ordering system, we would have a WINNER. |
