Thursday, December 13, 2007

GCI trading lower; market cap threatened anew

Gannett's shares sold for as little as $34.80 today, down 1.7% -- pushing GCI's market value down to $8.1 billion less than a month after it fell below $9 billion.

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Jim says: "Proceed with caution; this is a free-for-all comment zone. I try to correct or clarify incorrect information. But I can't catch everything. Please keep your posts focused on Gannett and media-related subjects. Note that I occasionally review comments in advance, to reject inappropriate ones. And I ignore hostile posters, and recommend you do, too."

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