Comments on: The other surge http://blogs.creativeloafing.com/freshloaf/2007/10/17/the-other-surge/ Atlanta news and views, one slice at a time Sat, 28 Nov 2009 04:26:49 -0500 http://wordpress.org/?v=2.8.4 hourly 1 By: Victor Jones http://blogs.creativeloafing.com/freshloaf/2007/10/17/the-other-surge/comment-page-1/#comment-14451 Victor Jones Thu, 18 Oct 2007 01:56:38 +0000 http://blogs.creativeloafing.com/freshloaf/2007/10/17/the-other-surge/#comment-14451 While we're crunchin numbers, Let's buy McClatchy? If the current trend continues and they keep ignoring World War III and the polar ice caps meltin 25% since 2005, i'm point & figure-swing rule charting that we can pick it up for around $3 bucks a share, vs today's close of $17.95. Currently, with the $2.68 billion debt load, only $25 million in cash and current market cap of $1.48 billion, the writing is on the wailing wall. With 82 million shares at $3 bucks a pop, that'd be like $240 million; peanuts compared to the $4 billion plus $2 Billion debt assumption that McClatchy paid for Knight Ridder back in June of 2006. I'm sure once the share price gets near $3, we can renegotiate the debt and have a "WHOLLY WRITER OWNED," media empire, just like Rupert & Erick Erickson think think they have, except we wouldn't have been so questionably remiss as to pay market peak prices for a paper like Rupert did. With a McClatchy & Creative Loafing combo we could probably end the World War III. Please run these numbers by Thomas W & John S and get back with me. We need to start planning for tomorrow, today. When McCreLoaf speaks, everyone listens... While we’re crunchin numbers, Let’s buy McClatchy? If the current trend continues and they keep ignoring World War III and the polar ice caps meltin 25% since 2005, i’m point & figure-swing rule charting that we can pick it up for around $3 bucks a share, vs today’s close of $17.95. Currently, with the $2.68 billion debt load, only $25 million in cash and current market cap of $1.48 billion, the writing is on the wailing wall.

With 82 million shares at $3 bucks a pop, that’d be like $240 million; peanuts compared to the $4 billion plus $2 Billion debt assumption that McClatchy paid for Knight Ridder back in June of 2006. I’m sure once the share price gets near $3, we can renegotiate the debt and have a “WHOLLY WRITER OWNED,” media empire, just like Rupert & Erick Erickson think think they have, except we wouldn’t have been so questionably remiss as to pay market peak prices for a paper like Rupert did.

With a McClatchy & Creative Loafing combo we could probably end the World War III. Please run these numbers by Thomas W & John S and get back with me. We need to start planning for tomorrow, today. When McCreLoaf speaks, everyone listens…

]]> By: Ken Edelstein http://blogs.creativeloafing.com/freshloaf/2007/10/17/the-other-surge/comment-page-1/#comment-14430 Ken Edelstein Wed, 17 Oct 2007 22:59:57 +0000 http://blogs.creativeloafing.com/freshloaf/2007/10/17/the-other-surge/#comment-14430 To offer some perspective, the UN says around 900,000 Arabs fled or were kicked out of the land that became Israel in 1948. Over the following decade or so, a similar number of Jews fled or were kicked out of Arab lands. Obviously, the numbers of both groups have risen since then. But the bottom line is that, in four years, the American invasion and the Iraqi civil war have created twice as many refugees as did the Palestinian-Israeli conflict. Scary. To offer some perspective, the UN says around 900,000 Arabs fled or were kicked out of the land that became Israel in 1948. Over the following decade or so, a similar number of Jews fled or were kicked out of Arab lands. Obviously, the numbers of both groups have risen since then. But the bottom line is that, in four years, the American invasion and the Iraqi civil war have created twice as many refugees as did the Palestinian-Israeli conflict. Scary.

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