Excellent Conference Call
Thanks for asking 2 of my questions Fernando. I heard you on the call.
From what I heard, 4Q of 2010 and going into 2011 should be phenomenal as they increase their direct ad to client subscribers and can further ramp up their CPM rates as they strengthen their client base.
The management is very shrewd and forward thinking.
Also since 2010 guidance is only based on 21k buses and they are expected to have 30k buses by the end of the year, you should think that they should be able to BEAT their current guidance for 2010 by AT A BARE MINIMUM another 25% assuming the same or even slightly lower margins and an increase in direct sales.
Yes, very hard not to be overly optimistic.
Yes, plenty of room for further upside even w/o acquisitions.
My only gripe is I'd wish they would move to the Nasdaq, but one step at a time I guess.
Otherwise I have to say, OUTSTANDING JOB FOR CCME MANAGEMENT AND ALL LOYAL SHAREHOLDERS.