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Thu May 22nd 12:55 PM
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Idearc: Cheapest Stock in the Phone Book

You make a compelling case and Brain's comment is also on the mark in that there is very little margin of error. The better play on this theme however is the growth in local internet advertising. Both IAR and RHD have their print revenues declining far greater than the growth in their internet revenues. While there is little they can do to stem print declines, they can accelerate internet revenue growth through acquisitions. Look at the two pure plays in this field (LOCM & MCHX) to be taken out sooner or later. I am long both because of attractive valuations and takeout potential.
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by SA Editor Rachael Granby

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Wednesday, October 15.

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