February 1, 2007
Did you catch yesterday's encouraging earnings report from New York Times (NYSE: NYT ) ? Earnings per share shot 41% higher before a one-time charge, and ad revenue is increasing.
Then again, any good journalist would present both sides of the story. In this case, you have a company suffering with layoffs and the sometimes dicey migration from print to the Internet.
I'm actually encouraged by some of the company's moves in cyberspace. Sure, this Income Investor newsletter pick will never be a traffic hub with news-aggregating features like Yahoo! (Nasdaq: YHOO ) or Google (Nasdaq: GOOG ) , but it doesn't have to be.
As you can imagine, not all Fools see New York Times the same way. Chuck Saletta is back this week as our bull, while Anders Bylund returns as the bear.
Who will win? Extra, extra, duel all about it!
Yahoo! is an active Motley Fool Stock Advisor recommendation. New York Times is an Income Investor selection.
Longtime Fool contributor Rick Munarriz does not own shares in any of the companies mentioned above.