Cablevision launches a new HDTV satellite service, which costs $750 for the box and sub. It's got 21 exclusive commercial-free channels already, many of which are kind of lame, but with deals for more high profile ones in the pipeline.
The Street is extremely dubious about it's prospects. What a surprise - the Street knows absolutely nothing about analysing network industries.
I wouldn't write them off until
after they've failed all the tests of network market strategy - complementarity, externalities, lock-in, and compatibility.