...an upturn. While the fourth quarter is not dismal, it failed to continue the momentum that appeared to have started in 3Q 2002.

Before explaining the reason for our disappointment, let's take a look at the year-end results, compared to our existing forecast. The following chart shows that the estimated total of h-s lines continues to run ahead of our forecast, and even is increasing its lead over the forecast.

B&C Consulting estimates (although larger providers are tracked, the quantity of smaller providers make it necessary to estimate totals) indicate that the year finished with 21,069,000 h-s accesses in service. That is almost exactly 20% of the households in the US with h-s access. This mark has been reached faster than almost any other residential communication or entertainment technology! Therefore, the estimates on h-s access is still impressive, just...

NOTE: All illustrations and photos have been removed from this article.



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