On Nov 19, 11:13 pm, IBOCcrock wrote:
Stock market dropped yet another 200 points today, alone...again.

Here's a look at how well radio is doing.

http://www.investorguide.com/stock-c...cgi?ticker=CCU

This is what has happened to your $39.20 "buyout" per share which was
tied up for a year because stockholders wanted $.20 more (that's
twenty cents.)

And this chart is not any better for any of the radio conglomerates.

Here's the "new" home of Imus-in-the Morning ... Citadel:http://quote.morningstar.com/Quote/Q...spx?ticker=CDL

Imus has a lot of leg work to do ... from under $3 a share now to
almost $12 a share a year ago.

Radio is not "Red Hot" anymore. Don't think this affects each of us?
Think again.

Oh, and the reason? Too much stock ... not enough demand to buy it.
Gonna be a long week for Clear Channel. And if the deal doesn't close
by Dec. 31, the stockholders are to be "compensated." The only
difficulty ... Clear Channel hasn't said what that compensation is or
how much (if any.) On top of that, they just lost their TV station
deal and, now, 183 previously "sold" stations of over 450+ have been
"unsold."

It must be ....HD Radio's fault.

http://www.radioracket.yuku.com/topi...k-radio-s-in-t...

You chose too short a time frame. Upon inspection of the 5 year graph,
trading in Clear Channel Fluctates wildly. It has been lower than it
is now. Citadel, however, is not looking to hot. These are only two
radio corps. You should include Cumulus, Salem, and CBS radio to get a
better scope on the future of the radio economy.

"Radio is not "Red Hot" anymore"
Radio stopped being "Red Hot" 50 years ago.