Thursday, February 19, 2009

Times

Well, if you, my faithful reader remembers my prediction of the end of the newspaper business, you may be interested to see the following chart:



The Sunday New York Times now costs more than one share of New York Times stock. Four bucks for the paper, three bucks and seventy-seven cents for one share.

I'm thinking of buying one share to frame on my wall. You may not be able to buy them very much longer.

The Grey Lady is dying a slow death.

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