Farid Suleman uses the word "disappointing" several times on this morning's call, and most of that came from the "underperforming markets that have to be fixed", like the former ABC clusters in markets such as New York, L.A., Chicago, Dallas and Detroit. Suleman's optimistic about what Don Imus can do for WABC, New York, and for what baseball (the returning Dodgers) can do for KABC in Los Angeles. Revenues at the former Citadel stations were down about 4%, partly because of the re-formatting in Birmingham after Rick & Bubba left to join WZZK. Bear Stearns analyst Vic Miller asked about the promised $10-30 million in merger synergies from ABC/Citadel, and Wachovia's Marci Ryvicker comments on Citadel withdrawing its forecast of $400 million in cash flow next year. Suleman says "we're gonna fix the underperformance, and we're gonna fix it fast."