Monday, March 03, 2008
Falling below $30, GCI shares test new lows
Gannett's stock traded briefly for $29.93 a share this morning -- the first time it's fallen below $30 since I began watching it closely more than a year ago. That ominous new low came at 10:54 a.m. ET, Google Finance says. Those newly granted stock options, to CEO Craig Dubow & Co., are looking even more worthless than they looked last week.
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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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