"David Eduardo" wrote:

"Deceiving Deceivers" wrote in
message ...
"David Eduardo" wrote in
:

Nearly every radio stock is off in that time period, most
by a higher percentage than Clear Channel.

Check them. Even Viacom is off more than CCU.

That is a fair point, assuming it is true. Checking...

Clear Channel: down 22%
Viacom: down 17%

VIA (Viacom A Shares) peaked at 46.98 in September of 2003,
and are at 34.51 now. The current price is 27% below the 52
week peak. VIA.B (B shares) peaked at 46.95 and are at
34.75. If you average both classes on a shares outstanding
weighted basis, you have 26% off.

CCU is 25% below the 52 week peak. In other words, CCU is
off less than VIA, based on share price. But, of course,
since VIA has three times the number of shares, the money
loss is much more on VIA.

Interesting, but irrelevant. The relevant period to compare
is the last 6 months. It was 6 months ago that Clear Channel
fired Howard, not a year ago.

I clipped the rest since it either followed along the same
irrelevant path or because I covered P/E ratios in my
response to Tim.

It is about politics, democracy, and freedom. Clear Channel
is the same station that issued a banned-song list after
9/11, stopped playing Dixie Chicks after they criticized
Bush/Cheney, and issued another banned song list after
the Superbowl indecency erectile disfunction.