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Jim Cramer Why Radio is dead.
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, Rfburns wrote: On Mar 21, 1:23 am, "David Eduardo" wrote: "Rfburns" wrote in message ... On Mar 20, 10:05 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. Once again - Eduardo, you're an expert on everything. Amazing! There are plenty of sites that track Cramer's "advice" to show that it is mediocre at best. amazing! He has the psychic ability to tell you what you can hear on your radio. -- Telamon Ventura, California |
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