Re: Corporate radio/Clear Channel

[Jeremy Mixer <mixer@zoso.net>]

On Fri, 11 May 2001, Dan Strassberg wrote:

> couple of publicly traded radio groups that popped into my mind--Clear
> Channel and Entercom. I couldn't find either one. It's hard to imagine that
> Clear Channel falls beneath Weiss' radar. I suppose, though, that Entercom,
> which is much smaller, could.

Even though they may have a lot of loans out, the way that they cut their
costs by doing as much satellite programming and voice tracking like they
do they can save a lot of money that way and it could be very possible
that they will be able to pull out of it very easily....we're talking a
multi-million dollar company here. Or the  opposite could ahppen. Hell,
when I worked for Cumulus the stock price met it's all-time low of under
$2 a share.....down $60+ from the year before. I don't know where their
stock is now, but when I gave them my notice a little over three months
ago the stocks were starting to recover once again.....and I was thinking
the company might fall apart the way they were selling clusters left and
right.