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$4.35 0.01 (0.23%)
10/3/2008 4:04 PM

The McClatchy Company (MNI)

CAPS Rating:
*

The Company is the newspaper company in the US, also has a robust network of internet assets, including local websites in each of its daily newspaper markets, offering users information, comprehensive news, advertising, e-commerce and other services.

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Avatar NorCalWaste123 (39.67) Submitted: 10/28/07 3:58 AM : Underperform Start Price: $15.39 MNI Score: 44.08

Brilliant leadership at that company and they STILL can't find a way to make their product relevant to people with Internet access. Until they stop scratching their heads and start really making money online, this is going to be one company on the way into the grave.

I can't see the trend in the stock price righting itself until well south of $10 a share, and I doubt they will be able to maintain the dividend at current levels for more than a few more quarters as well if revenues keep declining as they are.

Sell it off for now, but it might be interesting in a year or two.

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