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value1008

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value1008

Re: derek2000 post# 55914

Tuesday, 10/26/2010 7:03:35 PM

Tuesday, October 26, 2010 7:03:35 PM

Post# of 94785
CCME--I think some shorts might have seen that flawed table on earnings and f.d. shares presented by Global Hunter in their research note, which fails to include extra airport bus revenues and also erroneously, according to Fernando, et al., begins to count the 7M earn-out shares by Q4 2010 instead of Q3 2011, leading to much lower EPS projections for Q4 and Q1-Q2 2011.

If CCME brings in EPS of around 80 cents or higher for Q3 and guidance indicating higher EPS than that for Q4, any intelligent shorts still betting against CCME will panic and flee.



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