Value Investing Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Value Investing

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: E_K_S who wrote (23776)	4/21/2006 5:33:40 PM
From: E_K_S	Read Replies (2) of 78813

I doubled up on my WON position today (@ $9.57) which may be trouble as it hit a new low today. I found this article which confirms my earlier post that Westwood One is developing their distribution channels to offer their services across many different platforms. This article quantifies management's goal for future revenues based on these new distribution platforms they are developing. Westwood Extends Content to Other Platforms Katy Bachman FEBRUARY 27, 2006 - (http://www.mediaweek.com/mw/search/article_display.jsp?schema=&vnu_content_id=1002074811 ) From the article:"...Peter Kosann, president and CEO for Westwood said the company would like to grow its reliance on revenue from other distribution platforms from the current 8 percent to 15-30 percent...." The company is going to make significant investments into new equipment and consolidating operations and stated that first quarter expenses will be in double digits. There may be one more buying opportunity when the next quarter financials are released. Based on the growth of the Internet sector (i.e. Yahoo & Goggle), WON may indeed achieve the high end on their revenue forecast from these "other distribution platforms". The dividend is not too bad either at 4.2%. In 2-3 years this company could be a three bagger if management can show steady revenue growth from these new distribution channels. EKS

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next