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Gold/Mining/Energy : Canadian REITS, Trusts & Dividend Stocks -- Ignore unavailable to you. Want to Upgrade?


To: David Culver who wrote (996)5/17/2001 7:48:06 PM
From: bill  Read Replies (1) | Respond to of 11633
 
Dave,
Ask and you shall receive. Well, I asked about Hollinger
and Lo and Behold! big article in today's globe and mail.
Hollinger is Conrad Black's domain. Article was about
how many millions The National Post has lost in the past
year. However, there also was a mention of a very large
financing that was oversubscribed and which will allow
Hollinger to retire some very expensive debt--12.5%, I
think. I'll have to read the article again without any
breakfast distractions. The National Post is bleeding
red ink with advertising down and fierce competition from
the G&M. I know they've been giving away papers to try to
get their readership up.

Hard for me to make out in my quick read what the overall
story is for Hollinger. I see that HCN.UN is down a dime
today.

This is outside what I normally would buy so if anyone
follows the publishing stocks, it would be helpful to
have an opinion.