Personally I think we will have to wait a year before we get any clear guidance about NBC's intentions, duopoly rule changes, effect of the new schedule etc. Does anyone remember exactly what was said about the conference call regarding next quarter and the litigation that is ongoing? Somehow, I thought that they were referring to having a decision on the rate on the preferred (24% vs. 16%) at that time.
Csmebit, the new schedule sucks to put it bluntly. Duopoly is going to end up back in the courts. As for what Bud said in the conference call he didn't think that the Chancery Court would rule on the NBC redemption issue and the reset until early 1st quarter both issues are contained in the same agreement.