Radio Bankruptcies At a time when many radio groups are going bankrupt
(ie: Regent, Citadel, Nextmedia, Mega Media, etc)
it's nice to see that Salem is still afloat. Business & Finance > Investments > Stocks (A to Z) > Stocks S > Salem Communications Corp (SALM)
Re: Any Stations on the "Block"? Salem is shutting down WAMD in Delaware on Jan 10th.
The signal upgrade they did on WNYM-New York a year
or two ago was possible through a downgrade of WAMD.
Now WAMD isn't worth keeping on the air... Business & Finance > Investments > Stocks (A to Z) > Stocks S > Salem Communications Corp (SALM)
Re: Debt pay down and great profits If they were so great...they wouldn't have had
to restructure their debt and just paid it off when
it will be due. They're an OK company as long
as you look at them as a short term investment. Business & Finance > Investments > Stocks (A to Z) > Stocks S > Salem Communications Corp (SALM)
Re: Any Stations on the "Block"? Like other real estate, radio properties are not worth
what they were years ago...Salem likely overpaid for
some of their properties and may be stuck with... Business & Finance > Investments > Stocks (A to Z) > Stocks S > Salem Communications Corp (SALM)
Re: Credit facility interest rate on $230 million.... Guys...I'm not Stock savvy...but it seems to me
that any company that can't pay it's note
on time is a risk and, being in the radio business
myself, the future doesn't look very bright for
radio in general so... Business & Finance > Investments > Stocks (A to Z) > Stocks S > Salem Communications Corp (SALM)
Re: Cash for Debt offer is HUGE - load up So essentially they're taking the existing debt
paying it off with money that they've "borrowed"
from institutions at a lower rate. Thus avoiding a
default... Business & Finance > Investments > Stocks (A to Z) > Stocks S > Salem Communications Corp (SALM)
Re: Cash for Debt offer is HUGE - load up From Radio-Info.Com To pay off existing credit arrangements,
Salem offers a “private placement” of $300 million
in notes. The Rule 144A debt is intended for purc
hase... Business & Finance > Investments > Stocks (A to Z) > Stocks S > Salem Communications Corp (SALM)
Re: Anything Behind This? Don't know if there is anything behind this, probably
not...except that the company does not want to pay
out for any un-used vacation time... Business & Finance > Investments > Stocks (A to Z) > Stocks S > Salem Communications Corp (SALM)
Re: Anything Behind This? Being a former Salem employee myself...and still having
contact with current employees I can tell you that
it is a fact...employees are being ordered... Business & Finance > Investments > Stocks (A to Z) > Stocks S > Salem Communications Corp (SALM)
Next 10Q SEC filing The next 10Q SEC filing by SALM should be out in a
week or two. We should be able to tell if the radio
sector is beginning a recovery...or not. Business & Finance > Investments > Stocks (A to Z) > Stocks S > Salem Communications Corp (SALM)
Re: Shouldn&&39;t this drop to $3?.... I still can't understand why it rose this high
so quickly. The radio advertising revenue is still
depressed and there is nothing to add to the intrinsic
assett value. It's a mystery! Business & Finance > Investments > Stocks (A to Z) > Stocks S > Salem Communications Corp (SALM)
Timbrrrrrrrrr I guess if you're an investor that plays the ups
and downs you can make money with Salem as it bounces
around. But if you're looking for a long term
rise in value to it's IPO... Business & Finance > Investments > Stocks (A to Z) > Stocks S > Salem Communications Corp (SALM)
