"IBOCcrock" wrote in message
ups.com...

"Back when Clear Channel stock was selling in the $90 range,

It was in the $85 range.

executives predicted it would be a $100 stock. That never happened. In
fact, the bottom eventually fell out. Under the deal approved
yesterday, Clear Channel shareholders were to get only $39.20 in cash
per share and current shareholders could get as much as 30% of the new
company."

Plus they got several dollars a share for the spin off of Live Nation.

And a 1999 stock high is meaningless. Yahoo was way over $100, and is today
around $25.

"Even with that momentum, Univision stock, which closed at $28.40 on
May 20, is down 30 percent from $40.45 a year ago and had dropped more
than 10 percent since the beginning of the month."

It went private in March at nearly $40 a share. You are repeatining a quote
from a prior year. In May of 2007, there was no Univision stock being
traded.