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The Evening Bridge - November 02, 2005
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TOP STORY - Cablevision said its board of directors authorized 
management to take steps to implement a $3 billion special dividend for 
shareholders. Cablevision's controlling family, the Dolans, suggested 
the dividend late last month after it failed to take the cable operator 
private.

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Hot & Not
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Hot
                Close              Pts. +        % Chg          52-Week
ARRS         8.93             0.52             6.18 %          4.68 - 12.79
SIRI         6.89            0.37            5.60 %         3.72 - 9.43
PIO         12.86            0.51             4.13 %          12.30 - 19.90
NNDS        38.80            1.46             3.91 %          24.78 - 40.00
SFA         36.40            1.33             3.79 %          26.73 - 39.89

Not
                Close              Pts. -        % Chg          52-Week
PLA         13.58         -   1.69         -  11.07 %         11.33 - 15.45
MWAV         0.55          -   0.05         -   8.33 %         0.54 - 2.78
MBND         1.25          -   0.08         -   6.02 %         0.95 - 1.78
LU           2.70          -   0.04         -   1.46 %         2.35 - 4.16
DISH        26.48         -   0.26         -   0.97 %         26.50 - 34.38

DOW       10,473  66
NASDAQ    2,144   30
S&P 500   1,215   12

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At the Bell
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Time Warner's board authorized a $7.5 billion increase in the company's 
stock repurchase program, taking that total to $12.5 billion --- Time 
Warner Cable's basic cable subscriber base grew by about 18,000 
during the third quarter, for a total of 10.9 million. Digital video 
subscribers jumped by 149,000 over the previous quarter for a total of 
5.2 million, the company said --- Playboy reported third quarter net 
income of $3.2 million, compared to net income in the prior year 
quarter of $1.9 million --- Univision, ABC and ESPN agreed to pay $425 
million to air World Cup soccer and other FIFA events from 2007 to 
2014, reports said.
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What's New
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Battle lines for the broadband home have been drawn. Cable and telco 
giants alike are going after consumers at a frantic pace, but the battle's 
far from over.

Who's winning today and where? Get the answers you need with 
Internet Wars: Broadband vs. Dial-up, a new report from C+MBC: 
http://www.mbc-thebridge.com/research/cablevsdsl/
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Analyze This
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Doug Shapiro of Banc of America Securities on Viacom's third quarter 
results, in which the company reported a 10 percent increase in 
revenues, to $5.9 billion: "The 'new Viacom' segments, which consist of 
cable and entertainment, drove the upside. Cable and entertainment 
segments both exceeded our top line and EBITDA estimates (adjusted 
for the reclassification of segments). Cable was fueled by an impressive 
17 percent growth in advertising, while entertainment benefited from 
both a strong box office and DVD sales."

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PrimeTime Players
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              Close              Pts. +        % Chg          52-Week
BLS         25.96            0.20              0.78 %           24.32 - 28.96
CVC         25.76            0.35             1.38 %          19.93 - 33.90
CHTR         1.26          -   0.01         -   0.79 %         0.88 - 2.75
CMCSA       28.80            0.70              2.49 %           26.79 - 34.50
CSGS        23.92            0.56             2.40 %          15.74 - 24.09
DTV         14.56            0.31             2.18 %          13.81 - 17.57
DISCA       14.38            0.16             1.13 %          13.51 - 16.30
DISH        26.48         -   0.26         -   0.97 %         26.50 - 34.38
GMSTE        2.60             0.01             0.39 %          2.38 - 6.15
GE          33.81            0.21             0.63 %          32.67 - 37.75
ICCI        11.50            0.03             0.26 %          7.95 - 12.15
IACI        26.85            0.73             2.79 %          23.49 - 57.82
L            8.12             0.14             1.75 %          7.59 - 11.21
LBTYA       24.70            0.27             1.11 %          23.93 - 52.32
MCCC         5.80             0.00                0.00 %             5.06 - 7.59
MSFT        26.46            0.50              1.93 %           23.82 - 30.20
MOT         23.04            0.84             3.78 %          14.48 - 23.99
MBND         1.25          -   0.08         -   6.02 %         0.95 - 1.78
MWAV         0.55          -   0.05         -   8.33 %         0.54 - 2.78
NNDS        38.80            1.46             3.91 %          24.78 - 40.00
NWS         15.25            0.16             1.06 %          14.76 - 19.41
NXTLM.PK   540.00           0.00                0.00 %             5.00 - 617.24
OPTV         2.33          -   0.02         -   0.85 %         2.07 - 4.14
OUTD        16.40            0.20              1.23 %           12.50 - 17.49
PAX          0.43             0.00                0.00 %             0.37 - 2.15
Q            4.54             0.19             4.37 %          3.27 - 4.86
SBC         23.91            0.13             0.55 %          21.79 - 26.70
SFA         36.40            1.33             3.79 %          26.73 - 39.89
SIRI         6.89            0.37            5.60 %         3.72 - 9.43
STM         16.64            0.46             2.84 %          13.96 - 21.16
TWX         17.90            0.33             1.88 %          16.10 - 19.90
TIVO         4.89             0.08             1.66 %          3.45 - 7.75
VZ          31.47            0.13             0.41 %          29.13 - 42.27
VIA         31.89            0.28             0.89 %          30.02 - 39.26
DIS         24.82            0.16             0.65 %          22.89 - 29.99
XMSR        28.13            0.28             1.01 %          26.16 - 40.89

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