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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: Paul Senior who wrote (20687)6/1/2005 3:18:36 PM
From: Paul Senior  Read Replies (1) | Respond to of 78670
 
Newspaper stocks TRB and NYT still hitting new lows.

I'm still watching NYT. I added just a few shares to my very few shares of TRB today.

The negative story for the newspaper business is well known of course. This is not an arena for the faint of heart.

Although readership is in decline now and maybe in future as well, net profit margins seem to be okay (so far). The stocks are at about a nine year low when looking at average annual psr and p/bk numbers.

finance.yahoo.com