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#1
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"Radio: We have met the enemy and he is us!"
Emmis - Jan. 2 - $8.24; Dec. 31 - $3.85. Entercom - Jan. 2 - $28.18; Dec. 31 - $13.69. Radio One - Jan. 2 - $6.75; Dec. 31 - $2.34. Spanish Broadcasting System - Jan. 2 - $4.11; Dec. 31 - $1.85. Westwood One - Jan. 2 - $7.06; Dec. 31 - $1.99. Salem just missed the 50% loss club by a prayer: Jan. 2 - $11.95; Dec. 31 - $6.59. CBS fell $31.18 to $27.25. (True, there's writer's strike and the Katy Couric gaffe - but putting one in Joel Hollander's back may have effectively tackled, at least temporarily, the downward spiral at the radio division.) Clear Channel, which wanted to privatize by year end - but couldn't - is down $35.54 to $34.52 - a price artificially inflated by the $39.90 offering price by BainCapital and Thomas H. Lee. There's a deal that's close to turning into a cut and run. If Bain and Lee cut their losses and back out of that deal - Clear Channel will be in free fall. Theirs isn't the only deal that could implode. The Merrill Lynch bull, already gelded by the credit and mortgage collapse, is taking a second look at the privatization deal they concocted with Cumulus. When they announced it in July, Cumulus was at $11.75. Last night it closed at $7.25. http://gormanmediablog.blogspot.com/ Hey Eduardo - you are worth a $1.85 ! |
#2
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On Jan 5, 7:09*pm, IBOCcrock wrote:
"Radio: We have met the enemy and he is us!" Emmis - Jan. 2 - $8.24; Dec. 31 - $3.85. Entercom - Jan. 2 - $28.18; Dec. 31 - $13.69. Radio One - Jan. 2 - $6.75; Dec. 31 - $2.34. Spanish Broadcasting System - Jan. 2 - $4.11; Dec. 31 - $1.85. Westwood One - Jan. 2 - $7.06; Dec. 31 - $1.99. Salem just missed the 50% loss club by a prayer: Jan. 2 - $11.95; Dec. 31 - $6.59. CBS fell $31.18 to $27.25. (True, there's writer's strike and the Katy Couric gaffe - but putting one in Joel Hollander's back may have effectively tackled, at least temporarily, the downward spiral at the radio division.) Clear Channel, which wanted to privatize by year end - but couldn't - is down $35.54 to $34.52 - a price artificially inflated by the $39.90 offering price by BainCapital and Thomas H. Lee. There's a deal that's close to turning into a cut and run. If Bain and Lee cut their losses and back out of that deal - Clear Channel will be in free fall. Theirs isn't the only deal that could implode. The Merrill Lynch bull, already gelded by the credit and mortgage collapse, is taking a second look at the privatization deal they concocted with Cumulus. When they announced it in July, Cumulus was at $11.75. Last night it closed at $7.25. - - http://gorman.media.blog.blog.spot.moc/ - - Hey Eduardo - you are worth a $1.85 ! While You I B OC'Deed and Half-Crock are Priced-Less ! ![]() |
#3
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![]() "IBOCcrock" wrote in message ... Hey Eduardo - you are worth a $1.85 ! Actually, the company I work for went private at a very nice share price. Those with options got big checks, too. |
#4
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![]() David Eduardo wrote: "IBOCcrock" wrote in message ... Hey Eduardo - you are worth a $1.85 ! Actually, the company I work for went private at a very nice share price. Those with options got big checks, too. Even the faux Hispanics, such as yourself? Wow, you can go buy yourself some fun in Tijuana now, can't you? The boys will luv ya! |
#5
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![]() "dxAce" wrote in message ... David Eduardo wrote: "IBOCcrock" wrote in message ... Hey Eduardo - you are worth a $1.85 ! Actually, the company I work for went private at a very nice share price. Those with options got big checks, too. Even the faux Hispanics, such as yourself? Wow, you can go buy yourself some fun in Tijuana now, can't you? No, I bought Suncor at $19 with it. Love those oil sands. |
#6
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![]() David Eduardo wrote: "dxAce" wrote in message ... David Eduardo wrote: "IBOCcrock" wrote in message ... Hey Eduardo - you are worth a $1.85 ! Actually, the company I work for went private at a very nice share price. Those with options got big checks, too. Even the faux Hispanics, such as yourself? Wow, you can go buy yourself some fun in Tijuana now, can't you? No, I bought Suncor at $19 with it. Love those oil sands. Good lubricant for you and the boys? |
#7
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![]() David Eduardo wrote: "dxAce" wrote in message ... David Eduardo wrote: "IBOCcrock" wrote in message ... Hey Eduardo - you are worth a $1.85 ! Actually, the company I work for went private at a very nice share price. Those with options got big checks, too. Even the faux Hispanics, such as yourself? Wow, you can go buy yourself some fun in Tijuana now, can't you? No, I bought Suncor at $19 with it. What you buy, two or three shares? |
#8
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![]() David Eduardo wrote: "dxAce" wrote in message ... David Eduardo wrote: "IBOCcrock" wrote in message ... Hey Eduardo - you are worth a $1.85 ! Actually, the company I work for went private at a very nice share price. Those with options got big checks, too. Even the faux Hispanics, such as yourself? Wow, you can go buy yourself some fun in Tijuana now, can't you? No, I bought Suncor at $19 with it. Love those oil sands. Heck, I bought 1000 shares of FSEAX the other day. |
#9
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![]() "dxAce" wrote in message ... David Eduardo wrote: "dxAce" wrote in message ... David Eduardo wrote: "IBOCcrock" wrote in message ... Hey Eduardo - you are worth a $1.85 ! Actually, the company I work for went private at a very nice share price. Those with options got big checks, too. Even the faux Hispanics, such as yourself? Wow, you can go buy yourself some fun in Tijuana now, can't you? No, I bought Suncor at $19 with it. Love those oil sands. Good lubricant for you and the boys? No, good capital gain... about 500% give or take. |
#10
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![]() "dxAce" wrote in message ... David Eduardo wrote: "dxAce" wrote in message ... David Eduardo wrote: "IBOCcrock" wrote in message ... Hey Eduardo - you are worth a $1.85 ! Actually, the company I work for went private at a very nice share price. Those with options got big checks, too. Even the faux Hispanics, such as yourself? Wow, you can go buy yourself some fun in Tijuana now, can't you? No, I bought Suncor at $19 with it. What you buy, two or three shares? Add 4 zeros. |
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