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Sinclair (SBGI)...thier stock is DOWN 50% this year ..... nice mgmt!

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cthrumatrix Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-11-04 12:20 PM
Original message
Sinclair (SBGI)...thier stock is DOWN 50% this year ..... nice mgmt!
What a shame...sounds like mgmt. needs to replaced permanently.
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eddiebrowns Donating Member (346 posts) Send PM | Profile | Ignore Mon Oct-11-04 12:25 PM
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1. Didn't their CEO just get arrested this weekend?
something about soliciting a prostitute?
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cthrumatrix Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-11-04 12:28 PM
Response to Reply #1
4. not sure - but income picture again revised DOWN (blame on hurrincanes?)
Initial guidance was for third quarter net broadcast revenues to be up 4% to
5% from third quarter 2003 net broadcast revenues of $161.3 million. However,
due to weakness primarily in auto advertising spending and cancellations
resulting from the recent hurricanes which impacted eight of the Company's
television stations in the Southeast
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RobertSeattle Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-11-04 12:25 PM
Response to Original message
2. Similar for Viacom (CBS)
Edited on Mon Oct-11-04 12:27 PM by RobertSeattle
Their exec came up with that hooey that Republicans were better for their corporation - Viacom had a peak stock price in the Fall of 2000 and has been down since Bush took office - go figure.

https://us.etrade.com/e/t/invest/quotechart?etstyle=5y&size=m&sym=VIA&prod=VIA:NYSE:EQ
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slappypan Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-11-04 12:27 PM
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3. bet management still gets bonuses
it's the Republican way
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