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Emmis Communications Corp. Message Board

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  • longtimefollower longtimefollower Feb 4, 2011 11:26 PM Flag

    Valuing Emmis' station WRXP - New York

    The fact that you lost a boatload of money has nothing to do with the fundamental value of the company, and more importantly, the big city stations it is trying to sell off, now.

    The CMLS/CMP Partners deal, Bonneville deal, and now CMLS's attempt to buy Citadel, creates a sense of "desirability" of radio assets. This is good news for EMMS....and very timely.

    This is a $2-4 stock within 12 months.

 
EMMS
4.00+0.01(+0.25%)Jul 22 3:59 PMEDT