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Wednesday, 04/14/2004 3:59:55 PM

Wednesday, April 14, 2004 3:59:55 PM

Post# of 19037
CNBC: SSP... Media and job related..

(no I didn't forget the 4th letter (I) with this one)

Today whilst exercising.. (nothing as major as a heavy duty bike ride.. wink they had the CEO of EW Scripps - a cute little broadcasting/media play.

They are into newspapers, cable & satellite, interest in sports broadcasting, stations like Food TV and HGTV [their star of late] (US versions - not Canuck CRTC controlled knock offs) etc. I just love watching stories about companies like them - 126 years in business. Good growth. $105US mind you so it isn't on my radar. Nonetheless.

On the jobs, a minor comment, Joe asked about the want ads (good barometer on jobs) - and the CEO defintely felt there was a positive move with increased wanted ads of late.

Here is where I differ with Buffett on not splitting stocks. Yes they do (should) have zero impact to the value of the stock (though splits give a little pop up and consolidations cause a gush down), but the material impact is the small investor.

Perhaps at 3:1 or 4:1 split, I would be tempted into moving into this company. I dumped Time Warner of late - I think the growth for them is over. SSP would fit the bill - under the radar, diversified, reinventing themselves, great history and on and on..

1 year..


Trois ans..


Anyahoo..
Honey Nut Cheerios..


"When you have to shoot, shoot. Don't talk."
Tuco (The Good, the Bad and the Ugly)

"An umbrella with holes is better than no umbrella at all."
Dr. Alexander Elder on using stops.

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