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| More digital subs good So with larger growth toward digital, do you think we can cut the analog soon? I'd really like some more HD channels at full quality. And we know that Comcast isn't going to upgrade to 1 GHz... that's not in their vocabulary (only in Cox). So lets get rid of all this analog! |
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markofmayhemI can haz competition?Premium
join:2004-04-08
Pittsburgh, PA
kudos:4 | There's a bit of danger in those numbers. Comcast's stock DROPPED on this news due to analysts predicting better numbers than Comcast posted. While I would love to see the orange take over the green on those bar charts, unless analysts back off a little, these numbers may slow analog reclamation.... God I hope not! |
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 RickPremium,MVM
join:2001-02-06
Waterbury, CT | said by markofmayhem:There's a bit of danger in those numbers. Comcast's stock DROPPED on this news due to analysts predicting better numbers than Comcast posted. While I would love to see the orange take over the green on those bar charts, unless analysts back off a little, these numbers may slow analog reclamation.... God I hope not! Comcast beat earnings estimates..24 cents versus 22 cents estimates.
It's stock probably dropped because it was up so much yesterday. It had a big run at the close. The company also said they might trim back their stock buyback plan somewhat.
Other than that..nothing negative that I saw in the press release.
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The Coyote captured the RR! Roadrunner Rick is now Comcastic! |
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markofmayhemI can haz competition?Premium
join:2004-04-08
Pittsburgh, PA
kudos:4 | quote:
Sanford Bernstein analyst Craig Moffett said the third-quarter's results were ''good but not great,'' but he said cable stocks remain a good place to hide in an uncertain economy.
quote:
Still, the company, mindful of the tight credit market, said it won't use all the funds its board has approved to buy back shares by the end of 2009. Instead, it will proceed more cautiously depending on market conditions. Comcast has $4.1 billion remaining on the repurchase program.
quote:
The company affirmed its fiscal 2008 outlook for an 8 percent to 10 percent increase in revenue and operating cash flow and a reduction in capital spending to 18 percent of revenue.
Comcast missed revenue estimates by $40 million on the quarter and has become much more conservative on the future quarter. The reduction in capital spending is pretty large. By missing revenue and exceeding earning estimates, it indicates more cuts to spending; not encouraging for the crowd who whats expansive upgrades now. I didn't see anything negative either, but for a company to aggresively return to cash spending while lowering future earning estimates; massive spending in upgrades will most likely not be part of the game plan. I'm just using a round-a-bout way to say "Don't expect too many HD additions in the next quarter". |
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KearnstdElf WizardPremium
join:2002-01-22
Mullica Hill, NJ | reply to cypherstream
the main issue is that atm a cable provider has the FCC against them likely for full termination of analog and going fully switched digital. the whole must carry thing i bet says everybody on the system must be able to get those.
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[65 Arcanist]Filan(High Elf) Zone: Broadband Reports |
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