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Strategies & Market Trends : Value Investing

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To: Paul Senior who wrote (25224)	3/8/2007 10:49:12 AM
From: E_K_S	Read Replies (1) of 78750

Held my nose and bought a few more shares of WON (Westwood One). Reported earnings earlier this week were bad (they wrote off over $5/share Goodwill) and future growth is limited short term. Perhaps that's why it is selling at an all time low. I still think the company can expand their business to include Internet & Mobile devise advertizing. However, this make take more time than current investors are willing to wait. It is interesting that the company booked their Goodwill loss this last quarter. Maybe they are cleaning up their books for a sale and the new company can utilize this loss as a tax loss carry forward. EKS

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