GCI [Archive]

**dahhuilaudavid** Tue Mar 28, 2006 10:27 am

GCI
Gannett Corp is undervalued.......

http://dahhuilaudavid.blogspot.com/2006/03/gannett-corp-undervalued-at-6126-march.html

All the best,
Dah Hui Lau (David)
dahhuilaudavid@gmail.com

**JimBob2232** Tue Mar 28, 2006 6:25 pm

This stock is trading very cheaply relitive to itself over the past 5 years.

My worries about this stock however
1) Recently annoucned earnings would be at the low end of expectations
2) Print Media, which I feel is a dying industry.
3) Currently at a very low P/E relative to itself. This is not necessarily a bad thing, but in their industry I feel this can be a trouble sign.

Combine the 3, and I'm running...
I think there are better value buys out there, and you dont need to take the risk GCI offers at this time.

If you want to go with a print media stock, I think TRB is a much better buy...though I still dont like it

**nodoodahs** Fri Mar 31, 2006 1:53 pm

GCI isn't a print media company, at least, not primarily.

They own part of CareerBuilder.com, they have the USAtoday.com franchise, and they own several other net presences. If you download and read their annual report, you'll see lots of non-print media out there.

Additionally, they aggregate lots of the smaller newpapers, which won't ever be replaced. Where are you gonna advertise a garage sale in Shreveport Louisiana? In a GCI-owned paper. Car for sale in Alexandria? In a GCI-owned paper. Etc.

Do yourself a favor and map out the EPS of GCI over the last 10 years, the 10 years that the internet has supposedly been killing paper media. Then map out the Div/Share of GCI over the last 10 years. Find anything appealing there?

**dahhuilaudavid** Sat Apr 01, 2006 6:03 am

GCI is one of the holdings of some Superinvestors like Arnold Van Den Berg (3.64% of Assets), Bruce Sherman (3.46% of Assets), Bill Nygren (1.6% of Assets), Robert Olstein (1.28% of Assets), Warren Buffett (0.49% of Assets), and others.

Some of these superinvestors have just started investing into GCI recently, which obviously means that they think GCI is undervalued.

All the best,
David
http://dahhuilaudavid.blogspot.com/