A Comment About

The Rapid Decline of the New York Times

July 17, 2008 - 9:13 am - by Thomas Lifson
WJ
2008-07-17 11:49:55

I certainly do not think highly of the NYT as a newspaper, but based on a quick read of their financials, this company is in no near-term danger of bankruptcy or anything close to it. Yes, the market cap may continue to decline (not that low at nearly $2B), but with a 7% dividend payout, this could be an attractive stock.