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Gray Television Inc. Message Board

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  • juststeve55 juststeve55 Jul 25, 2009 5:03 PM Flag

    this stock will rock like the print media

    well i'm back, of course. Long and i might disagree on this one. i think its time to ride again sometime this week or so.
    either GTN or SBSA hum

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    • Well, if you're going to play it for a 2 or 5 day run, that's fine. But when the earnings come out here, I think the Street is going to be mighty surprised at just how much more in interest expense GTN is going to be paying.

      I suggest you take the trouble to look at the "subsequent event" note in the 10-K.

      • 1 Reply to longtimefollower
      • see also form 8-k for 3/16/09

        Retransmission Revenue Negotiations:
        During the fourth quarter of 2008, we successfully completed agreements in principle or completed long-form retransmission agreements with substantially all cable operators for all systems within our markets. These cable retransmission agreements, when combined with our existing satellite retransmission agreements, are anticipated to generate aggregate revenues in year ending December 31, 2009 of between $15.0 million and $16.0 million compared to the $3.0 million earned during the year ended December 31, 2008.

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