ST Alpha - "Thirty cents. No. Just monitoring. The next big hurdle for them is a debt call on Friday. " (Reading a Post)

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In response to "how's their stock doing now....did you ever buy in? -- nm" by J

Thirty cents. No. Just monitoring. The next big hurdle for them is a debt call on Friday.

Posted by Name Withheld By Request (aka BlueKopo) Mar 10 '09, 14:41

That's already a two-week extention from the 27th.

Someone's going to make A LOT of money from this company once the debt defaults and/or the Aspers get pushed out. It's the debt keeping it down at the moment, but the papers make money (even the Post finally hit the black!), the cable channels (Showcase, HGTV, Slice) are gold. The network tv might have to die, but at this point, there's no evidence that it wouldn't free them up to focus harder on cable which is where the money is going to be.

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How much debt? $50 million cap means nothing if they owe a zillion dollars. -- nm - Mop Mar 10, 14:54 1
- That's the rub. $3.2 billion in four seperate debts. - Name Withheld By Request Mar 10, 14:59

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Thirty cents. No. Just monitoring. The next big hurdle for them is a debt call on Friday.

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