You're wrong about the profits keeping the stockholders happy. Check out any MSO's stock chart over the last year and you'll find they are all in the crapper. The stockholders are definetly NOT HAPPY. The fact is they've all been spending loads on these upgrades, hoping the public will buy the advanced services that the upgrades make possible. Well, the public hasn't jumped for the product like they had hoped, and now the money is running low. You may not see it, but the MSO's are having it pretty rough, too.
This is CABL.com posting #74758. Tiny Link: cabl.co/mtBW