I hope you are okay. I saw you sold all your MNI. The internet shattered the newspaper world and even though MNI could see that 8-10 years ago and participated with a few good internet assets the company acquired too much debt via the KRI acquisition to cope effectively. Pruitt grabbed the falling knife 25% into the fall!! Sad.
Capella seems to have an excellent reputation. It appears that you want to knock the company. If you have some evidence you would like to share please go ahead. I might decide to sell. Thanks.
Basically, he wrote a MM puff piece. I wonder if she approved it before it was published. It is good Starboard is looking over her shoulder. My take reconfirmed by the article.... she's an all about me girl.
So, since they publish their satisfaction rate (about 90% positive) for bachelor's degree candidates, I guess the answer is, satisfied customers. I think the graduate degree program satisfaction rate is slightly higher.
At $3.00 ng and $50 oil, lasting for 5 years (a big assumption), is LINN solvent? I looked through the hedges and collars and 2015 looks ok but what if the "new reality" lingers for 5 years? Thanks.
I just read the Jackson article in Forbes. The article makes sense. I too am a long time YHOO shareholder. I have become less and less enchanted with MM. Why shouldn't YHOO right size the headcount? Wouldn't a 25% cut make sense in light of other "valley" metrics?
No. Strong jobs report caused interest rates to spike. Because reits are often held for their income stream, the stream looks less attractive than yesterday when compared to treasuries which are now yielding more. Pretty much all reits are down 3% + or -.today. Plus, I think the equity has been issued.
It looks like a race against time. $1 billion in debt and cash flow from operations at $82 million, add back depreciation of $110 million, then subtract projected 2015 interest costs of $80 million and cap ex of 20 million and you have $92 million to reduce the $1 billion in debt in 2015. But cash flow dropped about 20% in each of last 2 years.... now that trend is abating because only 35% of revenue now comes from print ads.... but still with a no growth negative growth future..... What can the CEO do? They indicate they have cut expenses to the bone. They have some breathing room under the debt covenants. Thoughts?
Everyone needs to do their own due diligence. Maybe it would be worthwhile to pull up today's webcast? After listening to Mr. Zacconi, how do you feel about the leader of KING? Is he a visionary? Does he understand the market? Will he and his staff continue to produce the exceptional profitability achieved over the last couple of years? Does KING enjoy certain advantages that will make them a formidable competitor for years to come? Do you think KING will try to move beyond gaming? What is their plan to prosper and grow? Or instead of listening to the webcast you could roll the dice and short KING because you are an infallible stock picking guru with insights to share on the KING Yahoo Finance message board?!