Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : IATV-ACTV Digital Convergence Software-HyperTV -- Ignore unavailable to you. Want to Upgrade?

To: mike.com who wrote (234)	2/19/1999 8:22:00 AM
From: anthony karpati	Respond to of 13157

More big investors moving into cable: Friday February 19 8:05 AM ET Buffett move, big earnings fuel cable stock surge By Martin Peers NEW YORK (Variety) - Cable stocks surged Thursday as investors responded both to strong quarterly earnings reports from cable operators and legendary investor Warren Buffett's move into the cable sector. Buffett said Wednesday he had accumulated 8.1 percent of TCA Cable, a low-profile Texas operator, in what is thought to be the billionaire investor's first try at cable. Wall Street observers said Buffett had been buying TCA steadily for the past 12 months. Analysts said the investment was yet another affirmation of cable's prospects, two years after Buffett's friend, Microsoft Chairman Bill Gates, decided to invest $1 billion in Comcast and a year after Microsoft co-founder Paul Allen also started buying up cable systems. TCA stock rose $1.06 to $44.18 Thursday after gaining 16 percent Wednesday. Other cable stocks rose even more dramatically Thursday. Comcast Corp. (Nasdaq:CMCSA - news) stock rocketed $3.75 or 5.6 percent to $70.87 after the cable company said it would buy a 79,000-subscriber system in Philadelphia from Greater Media Inc. for stock valued at $297 million. The Philadelphia system plugged a hole in Comcast's Philadelphia-area cable systems and at a good price, according to SG Cowen analyst Gary Farber. ''Comcast is trading at 18 times cash flow and they bought the system at 13 times,'' Farber said. (Cash flow is earnings before interest, taxes, depreciation and amortization). Cox Communications, whose stock jumped $5.50 to $73, reported after the market closed 17 percent higher fourth-quarter cash flow of $199.1 million on 16 percent higher revenue of $486.7 million. Cox CEO Jim Robbins said the result reflected both strong customer growth and the impact of new services like digital cable and high-speed Internet access on earnings. Likewise, Jones Intercable said its fourth-quarter cash flow rose 15 percent to $69.5 million on 7 percent higher revenue of $131 million. Jones' stock price closed up $1.68 to $39.18. And despite a less spectacular quarterly performance, MediaOne Group's stock price rose 81'' to $55.56. Media One said cash flow in the fourth quarter was flat at $235 million on 11 percent higher revenue of $627 million, adjusted for acquisitions. Also sharing in the cable stock rise was Tele-Communications Inc. (Nasdaq:LBTYA - news), due to be acquired by AT&T in the next few weeks. Its stock rose $1.50 to $65.81. Reuters/Variety

To: mike.com who wrote (234)	2/19/1999 10:34:00 AM
From: Skywatcher	Respond to of 13157

Staggerlee has never brought much to the table except being a pain... Just hang in there... This ain't the first time...probably the 1000th where a stock has more than one thread....it's called evolution...some will survive... chris

To: mike.com who wrote (234)	2/19/1999 10:57:00 AM
From: Skywatcher	Read Replies (1) \| Respond to of 13157

Schwab showing IATV is "FAST MOVING MARKET" today... looks good, when can we get more of a fix on the conversion sellers? chris

To: mike.com who wrote (234)	2/19/1999 11:07:00 AM
From: Stealhead	Respond to of 13157

Industry related news... VTR CABLEXPRESS SELECTS SKYCONNECT'S DIGITAL VIDEO MANAGEMENT SOLUTION Chile's Largest Cable Operator Upgrades with Digital Insertion Technology LOUISVILLE, CO., February 16, 1999. SkyConnect, Inc., the technology leader in digital video management solutions, has been awarded a contract with VTR Cablexpress. Chile's largest cable television operator, VTR serves 386,000 subscribers throughout Chile. The agreement to purchase SkyConnect's Digital Insertion System marks the beginning of a system-wide move from analog to digital technology, including 13 headends. skyconnect.com SH