BB's Stock Haven

[jaybird249]

LEE:NYSE $.61 + 25% LEE will thrive because...
1. They have embraced additional revenue streams outside of the traditional models of newspapers. Two of their properties have started recycling companies.
2. Their business model to stay in small to midsize markets which are more in tune with traditional media.
3. They have embraced the interent with a partnership with Yahoo hotjobs.
4. Cash flow and EBITDA is still very strong. Writedowns of assets, refinance charges etc have hurt the the eps but will rebound in late 2009. The .19 pershare dividend cut alone will help the eps.
5. Refinanced debt in early 2009, no covenant issues.
6. Large insider buying.