My original post: Jim Cramer, the influential stock picker on business cable channel CNBC, tells the Street.com TV
Gannett's stock closed today at $15.52, up seven cents. But over the past 12 months, Google's stock is up 11% while GCI shares are virtually unchanged.
Depressing as it is true. Gannett can't do anything but continue to watch its cash cow die. The company is totally I inequipped to compete with google, Facebook technology when it comes to advertising.
ReplyDeleteGee, that Harvard educated hedge fund zillionaire is really out on a limb on that prediction. Any rank and file Big-G employee (or ex-worker knows too well.
ReplyDeleteIf you actually listen to the clip, it's from 2008 — old news by anybody's standard.
ReplyDeleteFour-year-old news -- great job, Jim! Poorly written, too.
ReplyDeleteLeave Jim H. alone, please.
ReplyDeleteCramer has made lots of bad calls. but he is rightfully down on gci shares. this company doesnt have a clue about producing great conteny. gracia's rah rah aggressively going on the offensive missives not withstanding.
ReplyDeletegracia, its all about the content. build that up and forget about most of the other bullshit initiatves. readers and advertiserd are smarter than you think. you need to address content and you need to do that now.
Gracia must not be getting many responses to her 'confidential' employee survey. she is not to be trusted. she doesnt care what you think, either. After all, her 'winning team' already is in place. Hunke, Banikarim, Beusse, Frank and Lee Jones are all proven winners.
ReplyDeleteThis comment has been removed by a blog administrator.
ReplyDeleteThis comment has been removed by a blog administrator.
ReplyDeleteCramer is a blowhard. The Hunke of Wall Street.
ReplyDelete