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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: Paul Senior who wrote (35496)9/29/2009 12:57:34 PM
From: Area512 Recommendations  Respond to of 78740
 
I do think there is an interesting value story in these radio stocks (if you believe radio advertising will rebound some in the coming months and years). CMLS made 0.35 last quarter and selling at 1.70 and ROIAK that made 0.12 and selling at 0.90. Personally I think CMLS at 3 times the ROIAK eps is worth more than double what ROIAK sells for (although the buy back angle is interesting). ETM also sells at 5x 2010 earnings per yahoo. But if you look at EV\EBITDA not dirt cheap (at least based on trailing twelve months)and they certainly have a lot of debt.

Bigger picture the story may extend to print. Gannet (GCI) may be something that people that avoid the penny stocks may prefer?? finance.yahoo.com Down from 80 (2004) to around 12 currently.

Best Regards,
A51