--------------------------------------------------------------------- The Evening Bridge - December 22, 2005 --------------------------------------------------------------------- TOP STORY - Today, Wall Street unleashed several coverage items for media stocks. JP Morgan initiated coverage of Comcast with an "overweight" rating, and gave EchoStar and DirecTV each a "neutral" rating. Bear Stearns initiated coverage of WorldSpace with a "per perform." Janco Partners initiated coverage of Discovery with an "accumulate" nod.
Our valued sponsors: Tollgrade Communications, Inc. - http://www.tollgrade.com Pace Electronics - http://www.pacemso.com/tech_services/SBCA-Jan2006.asp?RefSalesSrc=6003&Refer Applied Telcomm - http://www.appliedtel.com Centronics - http://www.centronics.com --------------------------------------------------------------------- Hot & Not --------------------------------------------------------------------- Hot Close Pts. + % Chg 52-Week CCUR 1.88 0.10 5.62 % 1.45 - 2.94 PIO 13.98 0.61 4.56 % 12.22 - 19.90 DTV 14.24 0.53 3.87 % 13.17 - 17.01 MCCC 5.40 0.20 3.85 % 4.75 - 7.59 SNE 38.76 1.35 3.61 % 31.80 - 41.81 Not Close Pts. - % Chg 52-Week BDR 1.75 - 0.15 - 7.89 % 1.59 - 4.85 CVG 16.16 - 0.63 - 3.75 % 12.57 - 17.90 WGATE 2.09 - 0.05 - 2.34 % 1.63 - 6.89 OUTD 14.01 - 0.28 - 1.96 % 12.57 - 17.49 HLIT 4.93 - 0.09 - 1.79 % 4.08 - 12.40 DOW 10,889 56 NASDAQ 2,246 15 S&P 500 1,268 5 --------------------------------------------------------------------- At the Bell --------------------------------------------------------------------- Comcast unveiled its family tier, consisting of 20 to 25 channels including Disney Channel, Toon Disney, PBS Kids Sprout, Discovery Kids, Nickelodeon, HGTV, CNN Headline News, Weather Channel, National Geographic and C-SPAN --- Late Wednesday night, the Senate approved the nominations of Deborah Tate and Michael Copps to be commissioners on the Federal Communications Commission --- BigBand Networks said Guangdong Cable is utilizing its BigBand BMR at all of its digital headends throughout the Guangdong province in China. --------------------------------------------------------------------- BRIDGE Bonus --------------------------------------------------------------------- This week's BRIDGE takes a look back at 2005, and what to expect in future years: "Let's imagine ... just imagine ... that the new telco TV plays might do as well against currently entrenched incumbents as DBS did in its day. To give you a clue, we ran some numbers. We matched telco TV growth with DBS growth across its first few years. We figured in the impacts on cable and DBS, given their relative market sizes and recent history. We tossed it all with some provisions for market growth and ... Voila! The Bells gain nearly 13 million customers by 2010. The cable dudes LOSE nearly 9 million customers and DBS is basically stopped dead in its tracks." For more on The BRIDGE and to subscribe, visit: http://www.mbc-thebridge.com. --------------------------------------------------------------------- Happy Holidays from The Evening BRIDGE! --------------------------------------------------------------------- Evening BRIDGE will take some time off during to the holiday season. The news resumes Monday, Jan. 2. --------------------------------------------------------------------- PrimeTime Players --------------------------------------------------------------------- Close Pts. + % Chg 52-Week T 24.58 0.13 0.53 % 21.79 - 26.17 BLS 27.48 0.28 1.03 % 24.32 - 28.41 CVC 23.05 0.05 0.22 % 22.50 - 33.90 CHTR 1.25 - 0.02 - 1.57 % 0.88 - 2.36 CSCO 17.29 0.08 0.46 % 16.83 - 20.25 CMCSA 26.46 0.17 0.65 % 26.01 - 34.50 CSGS 22.63 - 0.01 - 0.04 % 15.74 - 24.76 DTV 14.24 0.53 3.87 % 13.17 - 17.01 DISCA 15.28 - 0.06 - 0.39 % 13.51 - 16.30 DISH 27.00 0.69 2.62 % 24.44 - 33.98 GMSTE 2.83 0.06 2.17 % 2.24 - 6.12 GE 35.42 0.35 1.00 % 32.67 - 37.34 IACI 27.95 0.25 0.90 % 23.49 - 56.10 L 7.75 0.02 0.26 % 7.59 - 11.07 LBTYA 21.87 - 0.25 - 1.13 % 21.84 - 52.32 MCCC 5.40 0.20 3.85 % 4.75 - 7.59 MSFT 26.59 - 0.14 - 0.52 % 23.82 - 28.25 MOT 23.26 0.36 1.57 % 14.48 - 24.99 NNDS 42.15 1.05 2.55 % 29.27 - 41.70 NWS 16.70 0.38 2.33 % 14.76 - 19.41 NXTLM.PK 540.00 0.00 0.00 % 5.00 - 617.24 OPTV 2.30 0.05 2.22 % 2.07 - 3.96 OUTD 14.01 - 0.28 - 1.96 % 12.57 - 17.49 PAX 0.92 - 0.01 - 1.08 % 0.37 - 2.15 PLA 13.52 0.17 1.27 % 11.33 - 15.88 Q 5.63 0.02 0.36 % 3.30 - 5.95 SFA 43.22 0.29 0.68 % 26.73 - 43.90 SSP 47.50 0.02 0.04 % 44.85 - 52.91 SIRI 6.70 0.03 0.45 % 4.42 - 8.48 STM 18.44 0.24 1.32 % 13.96 - 19.55 TWX 17.70 0.12 0.68 % 16.10 - 19.74 TIVO 5.27 0.13 2.53 % 3.45 - 7.75 VZ 30.69 0.07 0.23 % 29.13 - 41.44 VIA 33.28 - 0.12 - 0.36 % 30.02 - 39.26 DIS 24.19 0.09 0.37 % 22.89 - 29.99 XMSR 29.02 0.59 2.08 % 26.16 - 40.64 ===================================================================== For all the industry critical news - see: The BRIDGE War Room - http://www.mbc-thebridge.com/research.cfm SkyREPORT - http://www.skyreport.com SkyRETAILER - http://www.skyretailer.com The BRIDGE - http://www.mbc-thebridge.com -------------------------------------------------------------------- -To modify your subscription to The Evening Bridge, visit http://www.mbc-thebridge.com/register.cfm We welcome your comments and suggestions. 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