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Population of Salem OR is about 142,000 as of 2003 ...its inevitable that the cable companies CORR acquires has service to little towns of 5000 pop. but all those 5000, 10,000, 20,000 pop. towns add up to subscribers. The Eagle West deal will bring 7500 paying subscribers ( just under $2.7 mil revs per yr ) from 29 or so towns/cities of which the most populace is about 23,000 so lets guesstimate the average population is 10,000 x 29 = 290,000 of which only 7,500 current subscribers which could double soon with the wireless option they didnt have before. Should CORR eventually capture 10% of this 290,000 populace @ $29.95 mo. they would have 29,000 subscribers which would be over $10 mil in revs per year. I think the investors who put up $2.55 mil did the math and figured CORR can turn a profit.
http://finance.yahoo.com/q?d=t&s=CORR.OB

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