The 10k just filed with the SEC today....
Anything new in it?
http://www.marketwatch.com/news/stor...%7D&dist=msr_3
http://investor.sirius.com/secfiling...93125-09-54029
The 10k just filed with the SEC today....
Anything new in it?
http://www.marketwatch.com/news/stor...%7D&dist=msr_3
http://investor.sirius.com/secfiling...93125-09-54029
Hi, Many people do not know this. Every American male citizen or person declaring their intent to become a citizen between 17-45 is in the unorganized militia. The exceptions are members of the armed forces on active duty or in organized reserves or national guard. Certain other people are exempt because of profession. And of course many would be disqualified if the unorganized militia was ever called up and organized. It is this law that allows for the draft when required.
All our strategic plans in the event of major conflicts use the unorganized militia strength with a suitable period for training before transition to combat. So everyone has served whether they know it or not. If we need you we know where to find you.
Last edited by mogami; 03-13-2009 at 09:50 PM.
Its socially, culturally, and morally irresponsible to mandate a person fight for lies. If your going to ask a man to kill or be killed, youd best tell me the whole story. Otherwise, forget it. Ill decide if the cause is worth it. Therefore, I could never condone a draft.
Terrestrial be hurting.........
http://www.mediapost.com/publication...art_aid=102139
Impaired: 3 Radio Groups Report Rev Declines
by Erik Sass
Three midsized radio groups reported declines in their fourth-quarter revenues, reflecting the effects of a steep economic downturn and a secular decline in radio ad spending.
Salem Communications, Beasley Broadcast Group and Fisher Communications all reported substantial impairment charges, reflecting the industry-wide decline in value of radio assets. The weak fourth-quarter results follow bad news from other big radio companies, including credit downgrades and threats of bankruptcy in the coming year.
Among the radio groups reporting revenues last week, Salem Communications reported the smallest percentage decline, with total revenues dropping 6.3% in the fourth quarter of 2008 compared to 2007, from $58.5 million to $54.8 million. For the full year, total revenues slipped 3.6% to $220.7 million. In the fourth quarter, Salem absorbed a $52.7 million impairment charge reflecting losses in goodwill and asset value.
Also last week, Beasley Broadcast Group said its fourth-quarter revenues fell 12.9% in 2008 compared to 2007, from $35 million to $30.5 million. For the full year, revenues slumped 9.3% from 2007-2008, from $133.9 million to $121.4 million.
Like Salem, Beasley took a big impairment charge in the fourth quarter of $62.5 million. The company also said it will cut costs by laying off 7% of its employees and cutting salaries by 5%. At Fisher Communications, which owns TV stations and a somewhat smaller portfolio of radio stations, radio revenues fell 18.3% to $6.6 million. The company also reported a $78.2 million impairment charge.
Last week, Salem was listed on Moody's "Bottom Rung," a list of companies considered to be most at risk of defaulting on their debts, along with Citadel, Cumulus, Emmis, and Radio One. This follows the near-bankruptcy of Sirius-XM, the satellite broadcaster, and repeated credit downgrades for other terrestrial broadcasters.
In late February, Standard & Poor's downgraded the credit rating of CC Media Holdings, the company formed by private-equity firms to take Clear Channel Communications private, lowering its credit rating from a B to a B-. The decision was motivated by growing concern that the holding company might not be able to keep up with payments on nearly $18 billion in debt assumed in the deal to take the company private last year.
I was in line at Walmart this morning and the guy in front of me had a new XM radio in his cart. I struck up a conversation with him and asked if he already had a satellite radio. He said "No, I have just heard various news bites this past week and thought I would give it a try". One new customer down - 10,000,000 more to go!
LOL!!
I have had XM (built in my car) for a while now and I recently bought my wife the Stiletto 2. Once I installed the car kit for her, I wanted to call-in the subscription as opposed to doing it online becuase I had a few questions about my XM sub and if I get 2 sub rate. I was in hold literally a half and hour....Keep in mind that I pressed the "press 2 for new subscriptions" on my phone. I literally could not GIVE the company my money. I ended up hanging up and doing it online. I hope that was a fluke......It made me want to sell (though I didn't) my freakin' shares. I love the product, but I have heard some bad things about the customer service. I hope they address that.....Sorry, just needed to vent.
What's everyone's take on the resistance at .20 and what is causing it. It seems like .19 has the big block buy limit orders and .20 has the big block sells ?