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Strategies & Market Trends : Value Investing

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To: Rawnoc who wrote (35436)	9/24/2009 2:48:34 PM
From: MCsweet	Read Replies (1) of 78748

ROIAK, Thank you for posting this. Interesting stock, but I don't know yet about being a no-brainer. I have only met a handful of stocks in my career I'd classify as no-brainer. Like other radio plays, a couple of which have gone bankrupt, it has negative tangible book value. If market worsens some of the intangible book value could get written off. Also, the company has a lot of debt. The company received a comment letter from the SEC. Not sure what it is, but they are delaying the annual meeting. They also said operating conditions would be challenging the rest of the year. It seems high potential reward, but a decent amount of risk. MC

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