To: Sarkie who wrote (26240 ) 7/11/2001 1:31:28 PM From: Roger Sherman Read Replies (1) | Respond to Do you see any sad irony in this press release?siliconinvestor.com FBR SAYS DEMAND FOR BROADBAND FBR Issues Industry Report and Initiates Coverage of Comcast, Cox, and CHARTER demand for broadband connectivity and emerging interactive services. describes the cable industry as moving from "laggard to leader" over the past five years. Martin said that nearly 80 percent of homes in the U.S. have been successfully enabled with access to multiple new services, including high-speed data, digital video programming, and, in some cases, telephony."Early adoption of these new services has been better than expected, providing the industry with a hit," Mr. Martin said. "In turn, valuations have risen to historical highs, pricing in continued growth of new services and corresponding cash flow," he said.consumer demand for broadband connectivity for faster Internet connections and interactive services; a favorable regulatory environment under the Bush Administration; and an increasing emphasis by the industry in adopting open standards in order to deliver the next generation services.
