For those who own mutual funds - a way to punish SBGI

[realcountrymusic]

Call your broker and inform her/him that you wish to know which of your funds invest in SBGI (Sinclair) if you don't already know. At least threaten to sell those funds. When the bankers at Morgan Stanley and Janus start hearing from their soldiers, some pressure might be applied where it counts.

Here is a list of the top Mutual Funds that hold SBGI. Does anyone know a way to get a complete list?

RCM

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

[juliagoolia]

1. SBGI volume up, and stock going down

Date Open High Low Last Change Volume % Change

10/11/04 7.58 7.65 7.37 7.39 -0.11 586441 -1.47%
10/08/04 7.59 7.76 7.50 7.50 -0.21 221200 -2.72%

SBGI nasdaq Looks like a sell off.. look at volume

[TexasSissy]

2. Stock value is the BEST way to get to a company, IMO. Or at least

one of the best ways.

I don't any of their stock, as far as I know (thank goodness).

[fudge stripe cookays]

3. Great idea, RCM!

My company just switched everything over to Mass Mutual.

I'm not sure about my funds, since they were put into similar funds that we had at Fidelity (which I completely got out of).

FSC

[MatrixEscape]

4. The SGBI message board ...

at Yahoo is making strong sell recommendations with very good reasoning behind it. Tomorrow should be interesting ;)

Usually, you see a dip and can call it a value -- mop up some profit later. This one is probably going to sink stoneward for a good while.

The company was in no position to take this kind of risk and its political ambitions are questionable regarding management.

[realcountrymusic]

5. My Letter to Morgan Stanley

MS holds a major equity stake in SBGI, and is not merely managing funds that own shares. Therefore if you have an account with MS, as I do, you should make an even stronger case to your broker and send something like the message below to the company's media relations department and to your brokerage office. Be *exceedingly* polite and formal. It will carry much more weight than an outraged scream. (This is, by the way, true for any complaint addressed to a corporation.) An online form for doing so is at:

http://www.morganstanleyindividual.com/customerservice/contactus/default.asp

Select "General Inquiry" for "Area" and "Corporate Media" for "Subject." Don't neglect to send a copy of the same message to your broker -- and make sure it's to the *head* of the brokerage office you deal with.

(Some details ommitted for privacy)


To Whom It May Concern

My family holds a Morgan Stanley Active Assets account. Our family's collective invested funds under Morgan Stanley management total over XXX dollars.

I am writing to complain about a company in which Morgan Stanley is an equity stakeholder, namely Sinclair Brodcasting Group, Inc. (SBGI). This company has decided, in the heat of a campaign season, to broadcast a one-hour campaign commercial for the Bush/Cheney campaign, disguised as a "film," at no charge to the campaign. The commercial ("film") smears the reptutation of John Kerry, a distinguished U.S. Senator and decorated Vietnam war hero. I am a registered independent voter in who happens to support Senator Kerry in the election, as do many of your clients -- including every member of my family. With them, I decry this blatant violation of both the spirit and the letter of campaign finance law (this is an in-kind corporate campaign contribution), and even worse, this blatant violation of the spirit of fairness and ethical conduct by a publicly traded American company.

I am angry enough over this situation that I am forced to consider severing my family's relationship with Morgan Stanley *entirely* should SBGI go forward with this egregious effort, unless Morgan Stanley publicly denounces the SBGI smear commercial and withdraws its equity stake in the company. I will in addition urge my extended family to do likewise, and publicly argue for other Morgan Stanley clients to do the same. I urge you to use whatever leverage Morgan Stanley has with SBGI, and I am certain it is significant, to oppose this travesty.

Sincerely,

[realcountrymusic]

6. More Info

A growing list of advertisers (with contact info) on SBGI stations is at:

http://www.boycottsbg.com/advertisers/

The list also includes major equity stakeholders such as Morgan Stanley, VisionAir, AppForge, etc.

RCM