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Cumulus Media Inc. (CMLS) Message Board

  • dsc20601 dsc20601 Aug 24, 2011 11:34 AM Flag

    Satellite radio is the future.

    I'd sell this now & purchase SIRI. Don't have to believe me, but terrestrial radio is dying. Within 10yrs it will be 90% satellite.

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    • Goodluck. Keep believing in terrestrial radio as the future.

    • Poppycock.

      • 1 Reply to longtimefollower
      • i agree w/you completely, longtime...

        friday, i bought quite a few shares of CMLS...i'll buy more this week. pps is 75% off its high of $10.

        SIRI has only lost 1/3 of its pps in the past 3 mos...

        i've been listening to land radio for decades, and have no interest in changing...

        with the pres/congressional races next yr, radio will be a key no-holds-barred fighting arena, as newspapers are a shadow of what they once were, and more online now than in print...

        the ONLY way to consistently reach potential voters and constituents 'in the sticks', where politicians will go now for every vote they can scratch together, will be more rural areas...

        Dickey's father started the business...he grew up in it...he and his brother control over 5.25 mil shares, and the bkgd and expertise in how to leverage the largest national profile of radio stations available under one umbrella...

        the citadel merger was huge...CMLS is carried alot of long term debt, but that is already covered by long-term loans...

        i think the dickeys leverage their national profile, national imprint, national coverage, and fundamental experience in the industry...all at the perfect time...



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