On Nov 21, 2:29�pm, "David Eduardo" wrote:
"IBOCcrock" wrote in message

...





On Nov 21, 2:01 pm, "David Eduardo" wrote:
"IBOCcrock" wrote in message

....

That doesn't matter - TSL is down significantly and the old Clear
Channel is failing and trying to go private - the whole radio industry
is in serious trouble.

Companies go private when the market undervalues them. In the case of
Clear,
it has strong cash flow, but has suffered from the market's "Viacom
Effect"
and is underpriced. Going private allows people with money to take
advantage
of the strong profitability of the company and an amazing set of assets..

Going private, along with mergers, is a retreat strategy - CC stock
used to be $90, it is no 1/3 of that. It's over...

Mergers are what companies do to grow with no loans. Mergers = growth.

In the case of Sirius and XM, merger is being used to survive, and then to
grow.

Clear stock never hit $90, the sale price is $39 and the value of the Live
Nation share distribution is $5 a share. In other words, Clear is down no
more than the NASDAQ composite over the same period of time. Yahoo, for
example, is off 75% in the same period... making Clear look like an absolute
winner in non NYSE / non industrial issues.- Hide quoted text -

- Show quoted text -

"Clear Channel agrees to $18.7B buyout"

"Since January of 2000, Clear Channel stock has fallen from a high of
more than $90."

http://www.comxmusic.net/news/11-17-2006.html

Ho hummm.. another lie!