"Deceitful Deceivers" wrote in message
...
"Tim Perry" wrote:

Except that they have the lowest P/E ratio of the group.
A P/E ratio is an indicator of optimism about future
prospects for a company. The higher the ratio, the more
investors expect them to do well.

A low PE ratio is the best. It indicates that the price per share divided by
the earnings per share yields a smaller number. A low EPS indicates that the
share price is supported by real earnings of substance.

Your definition is wrong. P/E is a measure of past performance, not of
attitude.

I am not equating it with financial disaster. That is the
exagerated non-sequitur you created. My argument is simply
that dumping Howard had a negative impact on profitability.

None whatsoever.The billings on 6 stations in morning drive are not even a
grain of sand on a beach to CCU.

That, as a business decision, they were better off with
Howard than without. The stations they dropped him from are
experiencing lower ratings (smaller audiences), which leads
to both less advertising and lower ad rates (smaller profit
margins).

Again, 6 stations in one daypart.

Add to that a boycott of Clear Channel stations,
products, and advertisers, and you have a more wide spread
impact than just the 6 markets.

There is no such boycott.