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Entravision Communications Corporation Message Board

  • afp4u afp4u Mar 4, 2010 6:49 PM Flag

    FCC Licenses

    I was flattened at first then indifferent at seeing the 48mil impairment charge on FCC Licensing. The company beat 4Q estimates at 48mil vs. 46mil before its impairment and restructuring charges. 13.9mil cash on hand, and trimming the fat is starting to reflect positive changes. I'm wondering how much longer they are going to have to pay restructuring charges related to severance? The company is looking a lot more attractive at this point now than it has in a while. Taking out the trash at this point was probably the best time to do so.
    I'll hold on to my shares, and will accumulate a few more.
    I now see why Tabak upgraded at this point.

 
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