Article Abstract:
The cable television industry has performed well since Apr 1997, although investors considering cable equities should expect extreme price swings. Microsoft Corp.'s announced investment in Comcast Corp. has made Comcast a favorite long-term holding among investment experts. Cable TV subscriber growth rates are holding steady in the 2% range. Most of the major cable companies have started offering digital TV service in test markets across the US.
User Contributions:
Comment about this article or add new information about this topic:
Article Abstract:
The prospect of cable telephony in the future, the possibility of high-speed data applications on the Internet and elsewhere, and digital set-up boxes are some of the reasons the cable TV industry is bullish in 1998. There are also a number cable TV companies which are candidates for acquisition in the future, as well. These stocks are timely for late 1998 and early 1999, but investors need to evaluate individual stocks before commitment.
User Contributions:
Comment about this article or add new information about this topic:
Article Abstract:
Rate hikes have become a major issue for the cable television industry in 1998, as cable television rates have risen much faster than inflation in the US in recent years. There is also an increasing combination of telephone communications and cable television services in the late 1990s, as well. Cable television stocks are expected to outperform the market in 1998 and 1999, but investors need to be selective in their choices.
User Contributions:
Comment about this article or add new information about this topic: