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![]() "gallant17" wrote in message ... Actually, radio stocks are down at least 50%, and some are down 90%. This goes to show that with iPods, cell phones, etc the long-term outlook for radio is grim. Stock price often has little to do with a business and more to do with market trends and hot and cold sectors. I'm going to retire enjoyable due to buying "value stocks" which are simply companies throwing off lots of cash and paying dividends which are undervalued by various metrics. Profitability and dividends tend to pay off in capital appreciation plus the dividends over time, and the underlying cash flows insure lower risk. Radio is undervalued, which is why several companies have gone private... there is enormous value there. |
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