I guess cable companies do generate cash, but they must burn it even faster. Although articles have been written that FIOSTV will be gone in a few years because investors may not be patient enough to see the return on investment and they will have to 'dump' the project.
Cablevision net income Nov. 2004 (676,092) Comcast net income Dec. 2004 970,000 Verizon net income Dec 2004 7,831,000
