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Headley Lamar

02/03/11 9:49 AM

#13355 RE: FairviewInvestor #13351

Yes, for a few reasons.

1) I was very pleased at the immediate responses from GH and Northland. That told me that they are extremely confident in their knowledge of the business and/or Jacky has their ear and quickly pulled them in. Either way is a positive IMO because they went public immediately. That was huge. IMO that is why we didn't see $14 or less so far this week.

2) I actually liked the initial response from CCME and felt confident enough based upon #1 and Mike Koza's articles that I was comfortable giving CCME more time. The FAQ confirmed that staying long short term was the right decision.

3) I am realizing more and more that this could be THE opportunity that we needed to make a more sustainable long term advance. Quality investors are going to be flocking to the stock now that the spoils are out in the open and they are easily refuted.
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Headley Lamar

02/03/11 10:00 AM

#13362 RE: FairviewInvestor #13351

Also worth mentioning that the CITRON report in no way had a material effect on my perception of the long term propsects of the business nor CCME stock. The question for me was about how hard the stock was going to get hammered in the short term and if it made sense to move out of the way until the dust settled. I do think it is prudent to continuously evaluate current positions based upon current information and make the best decisions we can based upon that information.

I'm feeling confident that the 10k and dividend announcement will get things right back on track.