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Jim Cramer Why Radio is dead.
On Mar 21, 5:42*pm, "David Eduardo" wrote:
wrote in message ... On Mar 20, 11:05 pm, "David Eduardo" wrote: "Scooter" wrote in message ... Terrestrial radio's biggest problem is retaining advertising revenues as more ad dollars are siphoned by the internet. In 2007 total ad dollars for radio fell to where they were in 2003. That point to an industry going backwards, not forward, Cramer said. The average market cap of terrestrial radio companies has declined by a staggering 80% over the last five years. But the bottom isn't even in yet, as far as Cramer can tell Either way, the bottom line remains the same. Cramer expects the terrestrial radio companies to go down harder than almost anything else and he would not own any of them under any condition right now. Of course, Cramer is barely right half the time. His advice is more entertaining screaming and diatribe than useful. Hey NAMBLA dude, where have you been hiding? A rather simple inspection of the message headers will show that the "dude" in question is an imposter. Or that you intentionally posted via a different ip address so that you could later, if necessary, avail yourself of this very excuse. An old hat technique. But, what the hell, you seem to believe it so I do have a reasonable idea of your perceptive abilities and IQ.- Hide quoted text - Still probably greater than your six year old lover's. How's little Billy doing today, anyway? |
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