Comcast Corp (CMCSA)

1/18 in Cable & Satellite -(63.4@B+/A+)

Even in a recession people need TV and now the internet.

What do u do when Nordstrom has a clearance sale? u buy or buy more!

Same case here!

There are these 3 companies ATT,Comcast and Verizon which have ample of funds and customer base to rake in a good profit every quarter. These companies do hire a lot of people.

Here are the reasons I like Comcast.

1. On Demand is by far the best entertainment platform, I've tired them all.

2. Comcast is entering the wimax market with Clearwire, which will position them to take advantage of the smart device and netbook market that should continue it's massive growth. They already have much of the infrastructure for this from the broadband operations.

3. They are actively working on being the first cable provider to market with online tv and entertainment. I think Comcast sees the writing on the wall in regards to the telvision and the computer becoming a singular platform. We may have gigantic flat screen monitors in the future, but it's all going to run through the computer... wirelessly via home hubs.

4. The switch to digital cable. Now most people already had cable service and a lot of them had comcast. However those people who have comcast (myself included) and have multiple TV's but only one cable box are finding that they are no longer receiving channels on their tv sets not hooked up the an actual cable box. What this means is that they will now need to at least get a basic cable box converter for the other tv sets in their house. The extra cable boxes are 9.99 a month in my area. That's an additional revenue stream from an existing client base. That is HUGE.

5. In my personal opinion I believe that Comcast will be looking to aquire or partner with a wireless phone carrier, like um... Sprint. This would put them into the game heavily against verizon and att. And would give them further ability to offer package bundles to consumers allowing greating price flexibility to generate new customers and retain those already with them without cutting into their margins terribly.

6. Comcast has begun to show a greater acceptance for the new age of media and broadband use. See bittorent for example.

money back

The big boy in the sandbox. Getting bigger with broadband and telecom. Customers either love them or hate them (this customer is very happy). I think they have the right stuff to keep growing.

According to recent news, Comcast has just received letters from the FCC questioning their practice of interfering/delaying/censoring internet traffic.

For the non-geeks out there, the issue centers on a file-sharing protocol call Bittorrent. The RIAA and MPAA have been claiming that this file-sharing system is mainly used for piracy of copyrighted content.

True or now, the issue before the FCC is that legitimate distributors of files have also been blocked. One firm distributes its own films via Bittorrent, and many forms of legitimate software a passed around the same way.

Initially, Comcast denied cutting out any internet traffic. After a multitude of independent investigations by geeks, newspapers, and security researchers confirmed that it was, indeed, happening, Comcast then claimed that it was well within their right to "shape" the traffic.

Many groups and individuals have taken this up as a cause celebre over privacy and censorship. With such a high profile case coming before the FCC, Comcast will have do divert time and money to break even.

If they get fined, it could crack the financial foundations of the company. One complaint requests a fine of over $190,000 per user who could be affected.

In the end, Comcast won't go under (my humble Foolish opinion); but huge fines and the continual debate over monopolization could bruise this company from head to toe.

The last thing consumers will relinquish during this ongoing mortgage/food/energy crisis will be their home entertainment. Despite a relatively high P/E (23), I would have to call Comcast to outperform in the future.

Comcast's top line will continue to grow much more quickly than costs. They are essentially rolling out several products with small incremental capital expenditures. I expect around $3.50 in earnings in 5 years, which should translate into very nice returns.

CFO buying

Panic pushed the price down. Upside volatility alone makes it a good bet to harvest a winner.

Verizon Fios is big but Comcast is cheaper. More people don't care about cutting back on their television till they are REALLY hard pressed = less business for this? It is really a toss up.

Dominant provider of cable television, with growing market share influence of internet and telephony (aka Triple Play). There will be many more phone customers going from phone companies to Comcast, than cable customers going from Comcast to phone companies. Cable rollouts by AT&T and Verizon are still in its infancy, while Triple Play already has a huge leg up. In addition, the growth of HDTV will only drive earnings.

3 year rev growth 41%, EPS growth 15%, PeG 0.33.

Taking share in hi speed internet access market, phones are growing, paying down debt. Gap in wireless...but clearwire??

Has risks but they are priced in.

People are hurting, but they will continue to pay for the ability to sit on their duffs and watch videos of goats licking electric fences on youtube and making sure they DVR "American Idol" until the bank comes and kicks them out of their house.

How is that for optimism?

Great CEO really knows the business

Is moving customers from digital boxes with net revenue of 40/customer to DVR boxes yeildong 60/customer. The future of home entertainment is this company.

opportunity in 3 com network