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The New York Times Gets Life Support

Michael in the P/R of ATL Wrote: Nov 11, 2012 9:53 AM
I'm sure missing my Sunday laughs when JR takes the Libbies apart in his usual column.
DoctorRoy Wrote: Nov 11, 2012 11:19 AM
That's OK. You guys continue to yuk it up on Sunday and we'll continue on Tuesday.
Steve539 Wrote: Nov 11, 2012 2:46 PM
Geez, NurseRoy, I gave you a compliment in an earlier post and now I have to take it back because you reverted to STUUUPID again. You are making progress, however, so stay on your meds. and you may recover!!!

The common stock of the New York Times (NYSE: NYT) plunged from $10.87 last week to a close of $8.19 on Friday after the liberal mouthpiece announced that its 3rd quarter net income dropped 85 percent.

While analysts are blaming soft advertising revenues, I think something more ominous is happening at America’s national, bleeding-heart newspaper.

(Editor's note: I'm taking a few days off. I'll see you guys again on Tuesday with a crop of Email and Hate Mail)

For sure, advertising revenues are dropping nationally as economic conditions have deteriorated over the last two quarters.

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