Network

1:04:03

Turn them off and leave them off.

1:04:05

Turn them off in the middle
of this sentence.

1:04:09

Turn them off!

1:04:24

UBS was running at a cash flow
of break-even point...

1:04:27

after taking into account $110 million
of negative cash flow from the network.

1:04:32

It was clear the fat on the network
had to be flitched off.

1:04:35

Please note an increase in projected
initial programming revenues...

1:04:38

in the amount of $21 million...

1:04:40

due to the phenomenal success
of the "Howard Beale Show."

1:04:45

I expect a positive cash flow
for the entire complex of 45 million...

1:04:50

achievable in this fiscal year...

1:04:52

a year, in short,
ahead of schedule.

1:04:55

Beyond that...

1:04:57

this network may be
the most significant profit center...

1:05:00

of the communications complex...

1:05:03

and based upon the projected rate
of return on invested capital...

1:05:07

and if merger is accomplished,
the communications complex...

1:05:10

may well become the towering
and most profitable center...

1:05:15

in the entire CCA empire.

1:05:19

I await your questions and comments.

1:05:22

Mr. Jensen?

1:05:24

Very good, Frank. Exemplary.
Keep it up.

1:05:52

Buy you a cup of coffee?

1:05:56

Hell, yes.

1:05:59

Do you have to get back
to the office?