1 WHAT DO YOU THINK OF CETV'S DOWNGRADE BY MORGAN JOSEPH ANALYST?
2. WHAT DO YOU THINK OF THE PRESENT MARKET DROP WITH GOOD NEWS- CORRECTION OR START AGAIN OF THE BEAR MARKET?

I have not read the Morgan Joseph report but given the still uncertain outlook for the timing and strength of an ad recovery in Central Europe, I think a downgrade at $0 is completely understandable. My expectations for a sold recovery make the stock look fully valued on traditional measures but if a recovery kicks into gear, the stock will quickly look ahead to 2011 on which I can see it trading at $40-50.

I think the market is due for a correction but I do not think we are in for a retest of the lows or anything even close. I like how the economic statistics are shaping up but investors are going to be more sensitive to weak numbers than strong numbers for awhile. I plan to be a buyer on weaknesswith 975 onthe S&P the first key level.