Peter Appert
Peter Appert
ad auto category mixed national retail seen softness variables
It's pretty much the same variables that we've seen all year: softness in the retail ad category and very disappointing auto ad trends. National has been a mixed bag.
environment immune industry remains
They're not immune to the industry environment, which remains exceptionally challenging.
bigger breadth challenge depth finding increase love management market meets run scale
As an investor, I would love to see them increase the scale of this business. They've got the breadth and depth of management to run a bigger enterprise. The challenge is finding a market that meets their standards.
changes common operating pressure realities reflect similar taking tremendous
I think it's a precursor to similar moves. You've got tremendous pressure on operating margins. The changes taking place reflect the new common realities of the industry.
challenge metro newspaper
The metro newspaper challenge is the same everywhere.
care direct draw extent financial hard investors maybe newspaper performance product quality reality subjective
Investors care about product quality to the extent that it definitively correlates with financial performance. The reality is, however, that it's very hard to draw a direct correlation between product quality -- maybe because it's so subjective -- and financial performance in the newspaper industry.
aggressive anticipate bids catalyst clearly financial further group industry investors potential serve sponsors upside
Aggressive bids from financial sponsors would clearly serve as an upside catalyst for the group as investors anticipate the potential for further industry consolidation.
bolster core couple enthusiasm growth home past potential resolution shop strength trend
This is a continuation of the trend that's been in place for the past couple of years. Strength in the company's core growth vehicles, and the potential resolution of the Shop at Home problem, bolster our enthusiasm for the SSP growth story.
backdrop justify positive remain required revenue review
A more positive revenue backdrop will be required to justify a more positive review of the stock. Accordingly, we'd remain on the sidelines.