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Microcap & Penny Stocks : IATV - ACTV Interactive Television -- Ignore unavailable to you. Want to Upgrade?


To: Stonesouls who wrote (2468)8/14/1998 6:50:00 PM
From: mike.com  Read Replies (1) | Respond to of 4748
 
If that's the case, wouldn't a shareholders rights plan be the best strategy - a poison pill?



To: Stonesouls who wrote (2468)8/14/1998 6:54:00 PM
From: art slott  Respond to of 4748
 
"We made substantial progress in our deployment of digital cable, and at the end of July we had approximately 600,000 digital customers," said Leo J. Hindery, Jr., President of TCI. "TCI Group's modest second quarter Operating Cash Flow growth was in-line with our expectations. We implemented price increases that were the lowest in the industry, and we are continuing to witness strong growth in advertising sales. Despite higher programming and marketing expenditures, our pro forma operating cash flow grew three percent year-over-year."
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TCI doubled the# of digital customers from 300k to 600k in 3 mos. It would have been 420K if cable transfers from other mso's are excluded.

Pay per view revs were down indicating the need for expanding to other services i.e. Actv.

Art