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With the opening of these developments, we will have more than doubled the size of our operating resort portfolio in about three years. With the cash we recently received from the sale of two resorts to the joint venture with CNL and our strong operating cash flow, we are well-positioned to stay on track to begin at least two new projects a year, as well as selectively add condominiums and/or additional rooms and expanded facilities at existing resorts.
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We are seeing a more pronounced dichotomy between full-featured boxes that are used by pay-TV providers to offer other services in addition to satellite TV reception and basic boxes for TV reception only. Advanced features include hard drives for DVR services, multiple tuners, more connectivity options, and high-definition decoding for receiving HD signals.