Sinclair Broadcasting literally can't afford to take the Kerry film risk.

[mzmolly]

http://tinyurl.com/5etms

Sinclair Broadcast Group, Inc. Lowers Q3 Broadcast Revenue Outlook
2004 Oct 4 1:05 PM

Sinclair Broadcast Group, Inc. lowered its net broadcast revenue estimate for the third quarter, citing weakness primarily in auto advertising spending and cancellations resulting from the recent hurricanes which impacted eight of the Company's television stations in the Southeast. The Company now expects net broadcast revenue of approximately $163.7 million in the third quarter. Initial guidance was for third quarter net broadcast revenues to be up 4% to 5% from third quarter 2003 net broadcast revenues of $161.3 million. According to Reuters Estimates, analysts on average are expecting the Company to report third quarter total revenues of $184 million.

Just ten months ago this stock was at $15 plus, it's now under $8. I really doubt their stock holders would want this company taking such political risks right now?

http://yahoo.investor.reuters.com/Charts.aspx?ticker=SBGI.O&target=historicalchart

I'd advise checking out any mutual funds you have (retirement accounts etc.) and making sure you sell any stock in Sinclair Broadcasting should they go through with their intentions. My guess is they are testing the water right now? ;)

Contact their investor relations department with any and all concerns you may have about your stock.

Investor Relations Contact
Lucy A. Rutishauser
VP Corporate Finance and
Corporate Treasurer
[email protected]

You may also call their main phone line and tell them "as an investor" your concerned.

Corporate Headquarters
Sinclair Broadcast Group, Inc.
10706 Beaver Dam Road
Hunt Valley, Maryland 21030
410-568-1500 (Main Telephone)

[high density]

1. I think SBG is going to have a lot of lawsuits on their hands from

stockholders if they go forward with this. Whoever is making the decisions there doesn't have the business in mind. The "Nightline" fiasco was disrespectful and nasty in a number of ways, but this mandate for the stations to show an anti-Kerry film a week or so before the election is a disaster on a whole new level. Why alienate half of your audience? (Or in some markets, probably more like two thirds or more.)

I wonder if Sinclair Broadcasting Group will get the same amount of scrutiny that CBS News recently received. (Hah, fat chance.) After all, SBG is calling "Stolen Honor" news content.

[KharmaTrain]

2. Here Are Those Funds...

http://finance.yahoo.com/q/mh?s=SBGI

TOP INSTITUTIONAL HOLDERS

Holder Shares % Out Value* Reported
Earnest Partners LLC 4,946,278 5.77 $50,798,273 30-Jun-04
Gamco Investors Inc 3,640,000 4.25 $37,382,798 30-Jun-04
Morgan Stanley 3,004,303 3.51 $30,854,190 30-Jun-04
Westfield Capital Management Company 2,616,950 3.05 $26,876,075 30-Jun-04
Neuberger Berman, LLC 2,266,809 2.65 $23,280,127 30-Jun-04
Putnam Investment Management, LLC 2,081,861 2.43 $21,380,711 30-Jun-04
Perry Corp. 1,911,452 2.23 $19,630,611 30-Jun-04
Barclays Bank Plc 1,801,161 2.1 $18,497,922 30-Jun-04
Blackrock Inc. 1,428,435 1.67 $14,670,027 30-Jun-04
Janus Capital Management, LLC 1,417,887 1.66 $14,561,699 30-Jun-04


TOP MUTUAL FUND HOLDERS

Holder Shares % Out Value* Reported
Morgan Stanley Special Value Fund 1,185,200 1.38 $16,177,980 31-Jan-04
Franklin Mutual Ser Fd-Mutual Shares Fd 1,098,838 1.28 $16,460,593 31-Dec-03
Janus Special Equity Fund 1,023,992 1.2 $8,191,936 31-Aug-04
Harbor Small Cap Growth Fund 739,200 0.86 $9,136,511 30-Apr-04
Invesco Sector Funds Inc-Invesco Leisure Funds 581,200 0.68 $6,439,696 31-May-04
Morgan Stanley Inst Fd Tr-U.S. Small Cap Value Port 513,900 0.6 $6,423,750 31-Mar-04
Van Kampen Small Cap Value Fund 488,100 0.57 $6,101,250 31-Mar-04
FMI Focus Fd 467,700 0.55 $4,803,278 30-Jun-04
American Skandia Tr-Gabelli Small-Cap Value Port 440,000 0.51 $6,591,200 31-Dec-03
Harbor Small Cap Value Fund 410,400 0.48 $5,072,543 30-Apr-04


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Get some popcorn ready...set the browser for 8am...refresh the SBGI chart regular...rinse repeat laugh.

[mzmolly]

3. LOL . Thanks for the info

:hi:

I have contacted investor relations.

[Elidor]

4. Yahoo message boards have ppl saying "dump this turd"

There was a thread on it last night.