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Loss for a quarter vs overall profit for the year...http://www.insideindianabusiness.com/newsitem.asp?ID=53657#middleNot to mention that Emmis is now back in compliance with NASDAQ, still has the Grupo deal on the table and the recent NY ESPN deal...none of which was reflected in 4Q results.
Good points, I was a little distraught with the 4th Quarter results, bad week in general.
Per another post under PFIN, LTF says EMMS remains his largest holding. That should tell you something.