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To: Perspective who wrote (203080)	11/7/2002 11:28:37 AM
From: reaper	Respond to of 436258

at current prices, i think the Hispanic media bubble (SBSA, EVC, HSP, Univision) is laregly deflated. the SBSA balance sheet is terrible, and EVCs is not much better, so maybe things could get worse if liquidity becomes and issue. HSP and Univision have pristine balance sheets. i'm personally more focussed on traditional radio: Entercom, Cox, Cumulus, Radio One, Emmis. have been short those for a while and they are NOT making me money. very small position in SBSA was cleared a while ago and similarly small EVC position goes today. Cheers