Eugene David ...The One-Minute Pundit |
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Sunday, April 27, 2003
In the golden age of pounding the table (QUALCOMM AT $10,000 A SHARE!!!!!!!!!!!), news hacks always spoke of cable companies in terms of market cap per subscriber, cash flow per subscriber, blahblahblahblah, and nothing about their notorious service. This no doubt confirmed in the minds of the Robertses, the Rigases, the Armstrongs, the Dolans, the Malones, etc., etc., etc., that cable TV's only business is producing numbers. WELL, Mayor Daley of Chicago signed an ordinance, and one of Concast's [sic] every four Windy City customers is getting a government-mandated rebate for poor service. Knowing news hacks, it won't be long before we're back to market cap per subscriber, cash flow per subscriber, etc., ETC.
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