Monday, June 23, 2008

Monday Recap: Like pigs, our options are all wet!

Posts you might have missed last week, while Iowa papers (and hogs!) struggled to stay above water:
  • Moon blinks: Scrambling for revenue, USA Today hired a Time Inc. veteran as its new advertising sales chief.
  • Family values: GCI invested a reported $8 million in a technology start-up focused on the busy-family market.
  • Stock shock: After another plunge in monthly revenue, Wall Street hammered Gannett shares to a 16-year low.

2 comments:

  1. Also, Seeking Alpha calls Gannett a "value trap" today...

    http://tinyurl.com/5cuazy

    ...and also just flat out says that having "greedy management" isn't helping things.

    ReplyDelete
  2. That's a pretty damn interesting link there. Lot of salient points that basically says that $22 a share is going to look pretty good in the not-too-distant future.

    ReplyDelete

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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