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To: stockid who wrote (635)10/3/2002 11:59:13 PM
From: stockid  Read Replies (1) | Respond to of 1903
 
CCU, another overvalued company that does not make money....

randypalmer@clearchannel.com
Employees (last reported count): 36,200
Financial Links
 ·Institutional Ownership
 ·Upgrade/Downgrade History
 ·Historical Price Data
 ·SEC Filings from Edgar Online
Competitors:
 ·Sector: Services
 ·Industry: Broadcasting & Cable TV
Company Websites
 ·Home Page
 ·Subsidiaries

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Index Membership
 ·S&P 500
Ownership
· Insider and 5%+ Owners: 14%
· Over the last 6 months:
 · 6 insider buys; 424.0K shares (0.5% of insider shares)
 · 4 insider sells; 101.0K shares
  (0.1% of insider shares)
· Institutional: 73% (86% of float)
(1,794 institutions)
· Net Inst. Buying: 3.95M shares (+0.87%)
(prior quarter to latest quarter)More From Market Guide
 ·Highlights
 ·Performance
 ·Ratio Comparisons
Business Summary [Email this to a friend]
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Clear Channel Communications, Inc. is a diversified media company with three reportable business segments: radio broadcasting, outdoor advertising and live entertainment. As of December 31, 2001, the Company owned, programmed, or sold airtime for 1,240 domestic radio stations and a national radio network. In addition, the Company has equity interests in various domestic and international radio broadcasting companies. The Company also is engaged in outdoor advertising, with a total advertising display inventory of 156,623 domestic display faces and 573,416 international display faces. In addition, the Company is a promoter, producer and venue operator for live entertainment events. As of December 31, 2001, the Company owned or operated 104 live entertainment venues domestically and 31 live entertainment venues internationally. The Company also owns or programs 19 television stations, owns a media representation firm and represents professional athletes.
More from Market Guide: Expanded Business Description
Financial Summary
CCU is a diversified media company with three business segments: broadcasting, live entertainment and outdoor advertising. As of 2/02, the Company owned 1,225 radio stations and 37 television stations, and owned 776 thousand outside displays. For the six months ended 6/30/02, net revenue rose 2% to $3.87 billion. Net income before accounting change totaled $328.4 million vs. a loss of $546.2 million. Results reflect improved results in the radio segment and reduced amortization

SK