ahhaha, its hard to float stock with no record of earnings? huh? all these crappy IPO(not ATHM,a great one)net stocks with no history of diddly squat floating multi-million dollar IPO's just because they put com in their name? Cable companies are the most leveraged companies in the world. Adelphia,Jones,TCI are some of the most highly indebted companies in the history of America,never mind some of the newcomers like RCNC,or even TGNT.Debt is the name of the game,but 21st Century has not accumulated much yet,and seeing how much money you can spend for eyeballs is the key. A lot of these companies are going to get hurt,projecting steady prices through the next millenium. If prices fall a lot of these companies will sink in the East River like a dock worker with cement shoes. Bad planning, I even think Adelphia,Jones,and some other cable franchises will have to be bought out or go out.
21st Century has not spent a lot of money,and seems to have an extremely tight rein on finances. They are not in debt,they still have over $200 million to spend,and will soon turn EBITA profitable(by next year).
Tacoma,Washington just shows how deep the hatred for TCI goes,I mean to be that reckless,is just plain crazy. But they did it through sheer hatred of TCI(my opinion).
As far as MSFT goes,I do believe they put in software that will crash compeitors software. If you look at Java,they intentially put in a Virtual Machine that will not run Sun's Java Apps. They put things in their new media player that will intentially not run RealVideo apps(my opinion only). MSFT thinks all people are stupid and cannot figure out how to program,or use their computer. They have so many defaults,its like hurdling to overcome all the little catches I find in their programs. It takes me weeks to set up my computer to override their crap,most people won't take the time to do it.
Hiram |
