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BUFFALO STOCK SPOTLIGHT

Sinclair Broadcast Group Inc.
The Baltimore-based broadcaster agreed to buy Channel 23 in Buffalo from Western New York Public Broadcasting for $33 million. The company also Channel 29 locally and six local radio stations -- AM stations WBEN, WGR and WWKB and FM stations WKSE, WMJQ and WWWS. Nationally, Sinclair owns or programs 56 television stations and 55 radio stations.
Common stock data
Latest close .... $18.75
52-week range .... $16.69 - $31.13
Dividend .... None
P/E ratio .... N/A
Beta .... .48
Average daily volume .... 632,834
Financial data
Annual loss .... ($10.6 million)
Annual sales .... $516 million
Loss per share
latest 12 months .... (1.5)
Estimated EPS for 1997 .... 5.4
Key financial ratios
Profit margin .... 2.22%
Return on equity .... --3.3%
Debt to equity .... 174.5%
SOURCE: Bloomberg News; Zacks Investment Research

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