" Cramer: It's Over for Radio Stocks"

"A company with EBITDA of $1.6 billion last year is hardly "in the
crapper." That's what Clear achieved. The two satellite companies lost
$1.7 billion last year. The satellite companies only wish Clear would
buy them... giving them lots more successful content."

http://www.radio-info.com/smf/index....html#msg715236

BUT:

"Clear Channel's murky future"

"Sad because eliminating new hires (including sellers), failing to
replace those who leave, stopping all investment in the future, and
halting all advertising and research is the equivalent of saying that
necessity requires us to strangle the goose that lays the golden eggs,
even as the goose is up for sale."

http://www.hear2.com/2008/01/clear-channels.html

"CLEAR CHANNEL PULLS THE PLUG ON SOME HD RADIO STATIONS"

"After conducting a survey of 340 HD2 stations to determine their
programming needs, the folks at Clear Channel have dumped a number of
their HD 'Format Lab' stations due to a lack of demand."

http://talentfilter.blogspot.com/200...n-some-hd.html

"WSJ: The Deafening Clear Channel Silence" Jan 28, 2008
Posted by Dana Cimilluca

For Clear Channel Communications shareholders, silence is anything but
golden.

Arbitrage investors who have put their faith in the radio
broadcaster's buyout are the latest deal junkies running scared after
the honcho of one of the private-equity firms buying Clear Channel
went unnervingly mum today. At $29.51, Clear Channel stock is down
some 6% today and is nearly $10 below the $39.20 buyout price.

http://blogs.wsj.com/deals/2008/01/2...annel-silence/

Clear Channel's stock has been historically at a high of $90, but has
lost 2/3 of its value - most other major radio stocks have lost 90%
and are in the penny-stock range. Going private, just as with
merging, is a retreat strategy. Cramer is right - it's over for radio
as we know it, and over for HD Radio.

EDUARDO - KING OF THE SPIN-MISTERS and BULL****TERS!