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Re: RyanW439 post# 5213

Monday, 10/11/2010 6:31:19 PM

Monday, October 11, 2010 6:31:19 PM

Post# of 34471
I hear what you are saying and I don't think that your estimates are unreasonable by any measure. The $40's are definitely possible, and depending on the actions of the company could be quite probable. My point is that the discount that many investors have come to accept with CGSs is unnecessary and easily reconciled. CCME seems to be on the right track and I am eagerly awaiting a dividend which I feel is a must do, not a nice to do.

Would anyone dispute that if CCME announced a meaningful dividend tomorrow that we would likely be in the mid to high $20's or even low $30's by the end of November? And even then the company would only be moderately valued when factoring in future growth. Big investors would be all over it and holding the stock would generate nice returns for us longs via the yield.

They've got the money to do it and still fund future projects/acquisitions, so I am hoping they don't rest...that's all.

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