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LIN TV Corp. Message Board

  • m0phillips m0phillips Mar 1, 2008 12:18 PM Flag

    anyone out there?

    Just picked up a few shares.

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    • Yep! I don't like what I see.
      I bought this stock recently because of a Barrons article in the January 15, 2007 issue. Yes, 2007 is correct!
      I bought GTN as well. I'm down about 10-15 percent on each. I guess the problem is the considerable amount of debt they have. Wall Street seems to not like that. I am concerned at to how much further they will fall. They seem to be at historical support levels, but in this market support levels may not hold. They need some goods news like getting paid by cable companies for retransmission of broadcasts. I thought the increased political advertising would be enough to support the stocks. Guess I was wrong. Again, the debt is the issue at this time. If they rally so I can get back to near breakeven I might just sell. Good luck!