JOURNAL REGISTER CO(NYSE: JRC) (JRC)

[maddogs]

Gap or not, once impairement is off the books..

"Excluding the impairment charges and the other items discussed above, 2007 net income would have been $3.9 million, or $0.10 per diluted share, for the fourth quarter and $15.3 million, or $0.39 Excluding the impairment charges and the other items discussed above, 2007 net income would have been $3.9 million, or $0.10 per diluted share, for the fourth quarter and $15.3 million, or $0.39 per diluted share, for the full year 2007."

Lazards very good at pointing out those portions of a company which need to be let go, as case in point, the certain 7 mill$ in wage management employees let go, along with the lear jet,lol.

Looks to me like the shorts gotta hold of this one and executed perfectly. Way oversold from 4th qrt results and NYSE delisting news, IMO.

No debt payments for a year, and with a little restructure,
the per diluted share should hold or go up some. Again, one would think the employee count, 100 mill in revs, assets and per diluted makes valuations north of here.