Wednesday, November 28, 2007

Buy the cable stocks

ComCast (CMSCA 19.85) has bottomed right here. Look for someone to say that with lower gas prices, Joe Sixpack will get his cable turned back on. And then look for EchoStar (Dish 42.72) to heat up on takeover rumors again by AT&T. AT&T's ardor will be re-ignited with the strength of the stock market, and with the FCC backing off of the cable companies, look for an analyst to use that for an excuse to upgrade CMSCA.

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