Emmis Communications Corp (EMMS)

tvstaff (< 20) Submitted: 12/3/2007 2:58:18 PM : Start Price: $3.86 EMMS Score: +48.44

EMMS now flirting with a $4.00 to $3.00 status and is nothing but
junk.

The smart money did well shorting this dog and based on their lack of
ability to even make money in New York which is the #1DMA in the
country, I'd say this company is dead as management is void of any
idea of how to run the firm except into the ground.

The real tragedy here is the employees of the company who have been
sold a bill of goods.

Some will not even get jobs in the industry. Others have lost great
jobs. And some will have to take HUGE salary and position cuts and
even move out of New York unless they learn other trades.

I can't stress enough how important it is for those who can salvage
ANYTHING at this point to get out. Get out of the stock, get out of
the company.

EMMS is a sinking ship and it's going down fast.

hoov8821 (31.45) Submitted: 5/14/2007 4:51:30 PM : Start Price: $9.97 EMMS Score: +65.53

Emmis counts on revenue from it's two primary markets; LA and NY. Revenues are down dramatically in both markets and according to the CEO, will be down for the foreseeable future.

JesternotherFool (< 20) Submitted: 12/19/2006 10:32:08 AM : Start Price: $8.12 EMMS Score: -68.35

Toward the end of November, EMMS distributed a one-time dividend of $4.00/share (!!). Of course the price dropped then and has remained in the low 8's the last couple weeks. But that means it's really equivalent to low 12's, and that's pretty much what EMMS was trading for since about mid-August, long before the dividend was announced. It's spent most of the year above that. Long-term, this company won't make you rich, but coming in at $8.20 and getting out at somewhere around $17 or $18 doesn't seem like a bad idea to me. That's where it spent nearly all of 2005.