6/06/2003


SULZBERGER IS NEXT AT THE TIMES. GET THE GREASE

You've seen that commercial where the kid, "Chip", is given daddy's company and the kid stands before the microphones and shareholders and dumbly says, "I'm--so--stoked." That's "Pinch" Sulzberger with the New York Times.

"Daddy's" boy has got to go. The only reason he ever had the job is because of Daddy, but when you look at the breadth and depth of the Times many businesses you realize that the Board of Directors cannot allow some liberal ideologue to jeopardize tens of thousands of jobs and a media empire. The fish rots from the head etc., etc, etc. The New York Times newspaper is not the profit center of the company but it IS the heart, soul, and engine of the company and no Trust Fund punk is going to be allowed to destroy it.

There are a ton of similar companies. In an age of conglomerates the Times is one of many, but few have a centerpiece as valuable as the New York Times. A huge corporation was gambling its future on a completely unprepared young man with no ability. Pinch Sulzberger may have been "so stoked" at first but now is the time when......

Everybody starts shorting that stock.

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