Cable TV industry
Article Abstract:
Investors should be wary of cable television industry securities despite the many new products that are being marketed, despite deregulation and despite new technologies which normally enhance profitability and stock values. These benefits have not produced profitability in the great majority of companies in an industry that is also limited by poor capitalization and cash flow. Most investors should adopt a wait see attitude, although veteran risk takers may discover some real finds.
Publication Name: The Value Line Investment Survey (Part 3 - Ratings & Reports)
Subject: Business, general
ISSN: 0042-2401
Year: 1996
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Cable TV industry
Article Abstract:
Low profit margins and losses make it difficult to evaluate cable TV stocks on the basis of current earnings in 1996. Depreciation, debt, and other capital costs must also be considered. The "Information Superhighway" may bring in revenue, but the size and importance of this market is uncertain. Investors must be cautious and consider a wide variety of factors before selecting stocks in the cable TV industry.
Publication Name: The Value Line Investment Survey (Part 3 - Ratings & Reports)
Subject: Business, general
ISSN: 0042-2401
Year: 1996
User Contributions:
Comment about this article or add new information about this topic: