wow,,,, everyone is so negative...
go back to june, july's postings
and read how ppl were so postive with caws saying "last chance to buy
at 17!!!" etc.... or remember when IOMG dropped from 56's to 13's
and ppl said its going to 7 or something,,, its not 7 btw now...
my point is that u never know... i remember back in july i was so
mind boggled with the summer crash that i was "terrified" to buy things like iomg @13, asnd @35 etc...
same thing might happen here folks... we have to think outside the box here...
about the Osborn computers and etc... well those GREAT IDEAS "evolved"
to current laptops...
at any rate... i will hold my 10,000 shrs that i bought at $1.25 on friday and every point will equal $10,000 for me... of course i could
loose my a** and loose all of $12,500 if it goes to 0 but i dont think so...
yes, ppl lost serious money on this but i dont hear the shorts complaining.. . do u? u could just as easily went short on this with a click of "short sell" button rather than "buy"...
how many times did u sell in panic and week later ur buying ur old shrs at much higher prices? if ur like me many many times i bet...
i rarely "hold" stocks since i daytrade 1000's of tickets a month but this one i will as long as it takes...
i hope to come back to this thread in 1997 and sell u my 10k shrs at $10 for $100,000 hehehhe...
mkn
Digital Wireless Cable To Reach 4 Million By 2001 12/05/96
WASHINGTON, DC, U.S.A., 1996 DEC 5 (NB) -- By Bill Pietrucha. The US digital wireless cable market is expected to grow to over four million subscribers
by 2001, according to a report released yesterday. The report, Wireless Cable 1997, states that wireless cable will emerge "as a compelling alternative to wired
cable and direct broadcast satellite (DBS) in the markets it serves."
"Starting in 1997, digital wireless cable growth will be driven primarily by three regional Bell operating companies (RBOCs) and three major independents," Mike
DeMuro, editor of the wireless cable report, said. "We project that these companies will launch or convert six major markets to digital per year."
DeMuro told Newsbytes that the three RBOCs include PacBell, a Bell Atlantic-Nynex merger, and Bell South. The three independents are CAI Wireless, People's
Choice TV Corp., and American Telecasting.
According to the report, published by Cowles/Simba Information, the first markets will be the Los Angeles/Orange County area, led by PacBell, and the Boston and
Norfolk areas, led by a merged Bell Atlantic and Nynex.
DeMuro said that digital television is superior to analog television because digital technology allows the transmission of up to 200 channels, compared to the current
average of approximately 60 analog channels.
The additional capacity allows programs to broaden their programming line-up, deliver expanded pay per view offerings in a near video-on- demand format, and
include non-traditional services, such as digital music and interactive program guides, DeMuro told Newsbytes.
The report notes that the wired cable industry "continues to struggle with its own digital launches, plagued by technology delays and prolonged standards debates."
Currently, the report states, less than one percent of cable subscribers have digital, although DBS has experienced "great success on the digital front," with
projections for 1996 reaching nearly four million subscribers.
"While digital wireless cable will not be as ubiquitous as DBS, in the markets that it serves it will have a competitive advantage and strong potential for success,"
DeMuro said.
DeMuro noted that wireless cable has several advantages over DBS, including the ability to deliver programming from local broadcast affiliates, such as local news.
The report also sees strong growth in the international markets for wireless cable, particularly in Asia, Latin America, and Eastern Europe. The study projects that in
these three markets, total subscribers will grow from 3.5 million in 1996 to 13.0 million in 2000.
However, DeMuro said, "We believe these markets will continue to be predominantly analog. The economics and market environment abroad do not make digital
launches or conversions attractive in the near term."
(19961205/Press Contact: Mike DeMuro, Cowles/Simba, 714-557-8800. Reported by Newsbytes News Network: newsbytes.com) |
