On Nov 23, 9:22�pm, "David Eduardo" wrote:
"IBOCcrock" wrote in message
...
iBiquty has already mentioned exit-strategies:
�Exit strategies are usually focused on the point where venture capital
cashes in, and takes a company public or sells to a larger one. That can
occur well before the company is profitable and only requires a perception
of value.
iBiquity has nearly all the viable AM and FM stations in the top 100 markets
on board. If the market improves, they could probably do a very profitable
LBO immediately.
Let's not forget how Peter Ferrera spouted off that HD Radio would
appear in Apple products:
"Radio on the iPod? Only if it's Internet Radio"
"He said (with a straight face) that Apple had no immediate plans for
a 'radio-type' function on its players because "Steve considers
traditional radio to be a an old technology and he doesn't want to
'taint' his cutting edge technology. How about Internet radio? That's
a different story" my contact stated!"
http://www.hear2.com/2007/11/radio-on-the-ip.html
Here is one of Ferrera's most-famous quotes:
"...I can tell you that 30 different product lines of automobiles will
have HD Radio as optional or standard equipment by the 2008 model
year."
Your whole industry is full-of-****!