Look on the Bright Side

True stat of the day: Even at its current depressed price, the total market value of The Washington Post Co.'s stock ($3.85 billion) is more than twice the market cap of even more depressed General Motors ($1.7 billion).

I don't think I'd want to own stock in either one.

Comments

[carl]

LEE ENTERPRISES - WATCH FOR EARNINGS RELEASE ON NOV 13

http://isedona.com/ThemedArticleDisplay.do?ContentRecordNumber=14177&

[Rocky]

Yes, but most of the Post's market cap is from test prep, not selling newspapers.

[Rocky]

On the plus side: test prep should perform better in tough economic times with massive layoffs as people look to retrain.