After a long wait, the promise of spinning off Time Warner Cable (TWX) is almost fulfilled, as they could possibly be listed under the ticker symbol TWC as early as next month, said parent company Time Warner.
This is especially important to investors as the drag of the magazine business, along with the steady, but slow progress of AOL, has kept the prices down in their opinion. So with the lack of those drags on the cable business, investors have high hopes that the stock will take off and perform well for them.
The other value investors see is the strength of the triple play option that consumers have been gravitating to in droves as they offer phone, Internet services and TV bundled together. People like the convenience of service it offers.
While there will eventually be some strong competition from the telcos, including wireless, that is seen as being years away and not a factor at this time.
They've been waiting for the completion of the deal that involved both Comcast (CMCSA) and TWC to be worked through before they could take the step. Time Warner will retain a 84 percent stake in the stock of the company.
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