After just completing an article on Sinclair Broadcast Group (SBGI) I didn’t expect to be writing another one too soon. My last article was generally well received (not always a given) but in constructive feedback one particular item kept cropping up.
My last article basically treated Sinclair as an all-or-nothing proposition: There’s negotiations going on with Comcast (CMCSA) that either will or won’t work, and the company has value if it goes well and does not if it goes badly.
As most of my readers pointed out, this is somewhat different than the spectrum of results usually used, where calculations of profit per subscriber and number of subscribers produce a profit formula of sorts that readers can use to plug in their own numbers and adjust the outcome.
READ FULL ARTICLE HERE
