RE:Positive reaction to earnings miss'Earnings miss' was due to amortizing more tv assets. Would have been 40 cent quarter otherwise aka matching expectatons. At a 40 cent Q -> 1.60 EPS year that would be a PE of 3.3 or so at yesterdays price.
Leverage down to 3.15x as now almost 60m per Q of debt is being reduced aka almost a 250m/year rate.
Probably never selling this but if I did it would be north of 15.