http://money.cnn.com/2008/11/19/markets/thebuzz/index.htm?postversion=2008111913

Boy am I glad I dumped this stock 12 months ago. I ended up breaking even although I had a chance to double my money but the greed was too strong to overcome. Looks to me like a BK is imminent.

I wish that I had never bought this POS stock!! I guess that my consolation prizes will be: 1) a tax writeoff for selling the stock at a loss and 2) watching the fireworks as this crappy company self-immolates.

Few new car sales = Little satellite radio growth

Little satellite radio growth = good news for terrestial radio

Or so we can hope.

I am sure glad I got my 9000 song Ipod.

You know they count new cars as new units in the field even if they are not actually SOLD new cars.

This is part of the numbers hype that made the stock price artificially high in the first place.

>>Few new car sales = Little satellite radio growth

Little satellite radio growth = good news for terrestial radio

Or so we can hope.<<

Except terrestrial radio stocks are also in the tank. Not as bad as Sirius XM - but not far behind.

At the close of the market today:
Sirius is .16 the 52 week high was $3.94
Citadel is .21 the 52 week high was $2.40
Entercom is .75 the 52 week high was $17.98
CBS is $5.39 the 52 week high was $28

Go back 4-5 years and the drop looks even worse.

For my own listening of out-of-market stations, you probably know where I'm going: AM, baby!!! (and shortwave)