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Microcap & Penny Stocks : BANY: Core business growth, exciting affiliations! -- Ignore unavailable to you. Want to Upgrade?


To: steve host who wrote (4409)2/7/1999 10:29:00 AM
From: puborectalis  Respond to of 5847
 
A Cable Giant Backed by a Software
Giant

Software giant Microsoft recently
commited to investing $300 million in our
pick of the week, the largest European
cable company in more than one country
with over 2 million subscribers and 3
million homes passed. Some may
question such a pairing, but given the
trends in Internet service the deal makes
a great deal of sense. To date, the vast
majority of the company's revenue have
come from standard cable services. But
over the last 2 years, the company has
been upgrading its network to advanced
2-way hybrid fiber coaxial cable. Over
the new network, the company can now
offer local telephony and high speed
Internet service. With strong cashflow
from existing cable operations to fund
the network upgrade, a substantial
captive audience as prospects and a top
new media partner, the growth potential
for these new services is enormous.

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GREAT NEWS FOR PARENT(UIHIA)