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‘93/’94 Year-End Review and Outlook : Industry Outlook : Continuing low-grade growth in the national economy, coupled with hopes for stability--if not expansion--in California, is the backdrop for the year in business. Here is an assessment of key industries’ prospects.

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This report was compiled by Times staff writer Donna K.H. Walters

CABLE: Operators will continue to be hotly pursued as partners and allies by telephone companies, leaving smaller cable companies to mop up market remnants and dividing operators into haves and have-nots in the rush to 500-channel systems.

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