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With Gannett’s Capitalization Dropping $1 Billion In Four Weeks, With McClatchy’s Shares So Low There Is Talk Of The Family Taking It Private, Is There Anyone Out There Who Still Thinks This Is All Cyclical?
Philip Stone December 18, 2007
A media analyst for Credit Suisse put the cat among the pigeons last week by suggesting the deep malaise in the newspaper business was just cyclical giving public newspaper shares a big up day on that. But then as investors thought about it they were soon back to again dumping newspaper shares.

 

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