Cablevision Fans Eagerly Await Voom's Doom

Like William Hung singing "She Bangs," Cablevision's new satellite service just may be so bad it's good.

That's the theory being put forward by one analyst, who believes that the worse the fledgling Voom operation performs, the better off investors in Cablevision will be.

"The prospects for the Voom business are sufficiently poor," says Sanford C. Bernstein analyst Craig Moffett, "that it's unlikely that that business will sustain itself long enough to do any lasting damage to the asset values of the remainder of Cablevision." ...