[BC] Why radio stocks are under a dollar
RokprtMike at aol.com
RokprtMike at aol.com
Sun Sep 21 09:12:12 CDT 2008
In a message dated 9/21/2008 6:00:21 AM Eastern Daylight Time,
broadcast-request at radiolists.net writes:
LOL! They are a bit behind the times it seems. Most stations don't even
bother to get out into the public these days or put anything that compelling
for that matter. The real real reason for low stock prices is radio has
become not relevant to the public partially due to lack of contact WITH the
public. It's no wonder small market radio still is hanging in there just
fine while the big companies in larger markets are having issues. Small
market in most cases still hasn't forgot the listener. Maybe we'll get
lucky around here some day and things will get bad enough larger out-of-town
coporate guys will have to sell to some local guys that actually care.
Until then, it's going to be bumpy ride down hill.
XM Sirius is also under a buck and that is supposed to be the "future of
radio".
Mike
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