Oh - and by the way - here is the 'Cautionary Statement' in its entirety from the September 8, 2004 DirecTV press release regarding their HD expansion plans:
DirecTV - Investor Relations - News Release
CAUTIONARY STATEMENT CONCERNING FORWARD-LOOKING STATEMENTS
NOTE: This release may contain statements that we believe are, or may be considered to be, "forward-looking statements" within the meaning of various provisions of the Securities Act of 1933 and of the Securities Exchange Act of 1934. These forward-looking statements generally can be identified by use of the statements that include phrases such as we "expect," "plan," or other similar words or phrases. Similarly, statements that describe our objectives, plans or goals, such as the discussion in the release of our expected expansion of HD programming and new advanced and interactive programming services, also are forward-looking statements. All of these forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from the expected results expressed or implied by the relevant forward-looking statement. Risk factors that could cause our actual results and future actions to differ materially from forward-looking statements made herein include, among others: the ability of our satellite manufacturers to complete the satellites that we intend to utilize to achieve the expansion of the HD programming and other services; the success and timeliness of those satellite launches; the in-orbit performance of those satellites; consumer demand for HD programming and market acceptance of that programming; regulatory and technological impediments that could adversely affect our ability to deliver HD services or other services; the ability of our competitors to expand availability of HD programming or offer HD programming or other services that we do not offer or that are superior to our services; the ability of our programmers to deliver programs broadcast in HD or to deliver other services; and the ability of the manufacturers of the equipment necessary to receive HD programming and other services to satisfy market demands.
SOURCE: DIRECTV, Inc.
So what's the problem? Seems to me that DirecTV accurately portrayed the plans, and contracted for the birds, and is pushing the entire industry to move towards more HD. I think they have acted extraordinarily well actually.