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Lee Enterprises, Incorporated Message Board

  • miklyn17 miklyn17 Jan 10, 2013 12:51 PM Flag

    new topic

    let's start a new topic to keep this board active,

    I live in Lee's hometown and the local paper Quad City Times is doing well. I subscribe to their paper and advertise in it as well. My local rep is quite optimistic about the stock (and he has taken quite a beating).

    Any DD? other than they are paying debt ahead of schedule

    Sentiment: Buy

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    • 2008= 50,820.
      2009= 50,373.
      2010= 47,166.
      2011= 45,360.
      2012= 41,705.
      Trend is negative. Eyeball problem... not enough of them. Lower ad revenues are direct result of lower circulation. Then less money to pay reporters. Fewer reporters= lower quality, leading to lower circulation. Negative feed back loop.

 
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