Tuesday, June 13, 2006

Yet Another Multi-Year Low For the New York Times

The New York Times stock lost another 2% today closing below 23 dollars.A level not seen since October 1998.Pinch Sulzberger is leading the Times to diminished market capitalization.Lettered stock gives you the heredity transmission of the CEO position:look what you get.As we've said before,look for a test of support at $20.50.