Gannett Co., Inc. - (The Daily Times parent company) - came within 6 cents from setting yet a new record low. Gannett's stock slid to $8.55/Share in today's trading. Sagging circulation and diminishing ad sales can be attributed to Gannett's slid over the past two years. Locally, a new MSM magnet - SBYnews - has emerged, dominated, and become a household word here on the Delmarva Peninsula. The new electronic media magnet disseminates news in a flash as compared to the old style traditional media.
Click here for today's trading details: http://finance.google.com/finance?q=NYSE:GCI
6 comments:
Come on Joe. The whole stock market is in the tank. Get over yourself.
We all know that The Daily Times is not much of a newspaper anymore but I don't understand the continuous vendetta against them. If they fold, a lot of good local people will be out of jobs--how can that make anyone happy ??
I agree with him, kinda. He is not destroying Gannett. The blog Itself is destroying the Daily Times. Blogs, in general, are destroying Gannett.
Ummmm, that post was by someone called "Beezer." I hardly think Joe has to come up with a fake name on his own site. Besides, it's true. If I want to know what's going on in our community, I come to SBY news, as the Daily Times is a joke and the TV News is always beat to the punch.
Joe is surely one opiniated sonuvagun, but he can be counted on to get the news out fast, and he often toots his own horn, but why not? I don't always agree with him, but there's no doubt that he is dedicated and hard-working when it comes to this blog---on his own time and for free. Give credit where credit is due.
FROM: BEAZER
Look folks, I'm here to report the news and when a stock goes from $90/Share to $8 now I think that is real news. It was news when GM went from 30s to 2, it was news when Ford went from 14 to 2 . . how about Goldman Sachs, Bear Stearns, and others.
Joe didn't report this, it was me.
Beazer
What is it: Beezer or Beazer?
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