Paul Harris, CFANew York Times Co.NYTDON'T BUYJan 09, 2006
Has made some reasonable changes in management over the last little while. The difficulty with a lot of the newspaper companies is that revenues have actually fallen off and the internet is slowly scooping that up. More and more people are a lot more comfortable reading stuff on the web and that's really going to hurt them.
Possible short? (He doesn't short stocks.) Newspaper industry is under a lot of pressure. Losing subscribers and the digital world is taking away a lot of their business.