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the stock is up $1.75 to 11+
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Nice.
I got in at 10 and change. Was a little worried when it dipped to mid $8. I just got the annual report. Online and cable are more than covering declines in subscriptions. I didn't see any mention of Lensman and his adult.com/Playboy deal. Maybe it happened after the publication. |
some more info I picked from Bloomberg:
1) this si their 1st profit ($630,000) in 27 quarters 2) the monthly subscription went up 100% over a year ago 3) 40 people were laid off from Internet division |
Laying people off in the internet division is always a good idea.
Brad |
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