:46:03
In each of the last three quarters,
Trask Industries has announced plans
:46:07
to acquire a major market television station,
each time unsuccessfully.
:46:12
At the same time they've expended time
and money fighting off a takeover attempt
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by one of their Japanese competitors.
:46:21
Buying into radio would, in one fell swoop
accomplish two important tasks.
:46:26
It would give Trask
a solid base in broadcasting,
:46:29
and, because of FCC regulations forbidding
foreign ownership of radio stations,
:46:34
it would wipe out the threat
of a Japanese takeover.
:46:41
Interesting idea.
:46:45
But I don't like it.
:46:47
Trask has got a lot of cash
on their balance sheet.
:46:50
That's why they're a takeover target.
A radio station is small potatoes.
:46:56
I can't see him biting.
:46:58
I've already thought of that.
:47:01
I figure that we look for a radio network -
one with a real high profile.
:47:05
And with the surplus cash,
we implement a major stock repurchase.
:47:11
So Trask is protected and their stock goes up,
and everybody's happy.
:47:22
Or not.
:47:25
Shoot me. Just shoot me.
:47:28
Would you cut that out?
They didn't throw you out, did they?
:47:32
Well, they don't exactly have bouncers.
They're a little more subtle than that, Cyn.
:47:38
Oh, God. And last night.
:47:42
Yeah. I should've checked the milligrams.
Live and learn.
:47:47
Maybe he'll feel sorry for you, and make it
up to you doing your deal or whatever it is.
:47:52
I'm not looking for sympathy.
You know, I had a shot at...