Wednesday, December 05, 2007
UBS conference headline: No company split
CEO Craig Dubow and other top company executives didn't offer anything substantially new in their just-concluded meeting with Wall Street media stock analysts. The top brass didn't give any new details on whether a company split is in the works; they didn't even hint at it! Maybe that's why GCI shares are now trading lower, even as the S&P-500 Index and other market indices are up smartly. Meanwhile, the company has just published this statement, summarizing some of the executives' remarks at the UBS Investment Bank Annual Global Media Conference.
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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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