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To: LS; Liz; abb; Southack; Ernest_at_the_Beach

A little bit of Enronning and Arthur Andersening of the GCI's stock holders in this article:

"Revenues rose 6.5 percent to $1.88 billion from $1.77 billion in the same period a year ago."

"The increase was mainly due to the consolidation of the Detroit Free Press, which it acquired from Knight Ridder Inc. in August of last year and then combined into a partnership with The Detroit News, which MediaNews Group Inc. bought from Gannett."

"Excluding the Detroit transaction other newspaper deals, Gannett's revenues would have edged down 0.5 percent in the quarter from the same period a year ago."

Nothing like adding the acquistion to this quarter's revenues an an attempt to show an increase in revenue.


3 posted on 04/12/2006 8:23:49 AM PDT by Grampa Dave (Donate to Free Republic now, not tomorrow: [https://secure.freerepublic.com/donate]))
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To: Grampa Dave

Golly, I hope SOX wasn't violated------heheh.


8 posted on 04/12/2006 8:30:16 AM PDT by Liz (We have room for but one flag, the American flag." —Theodore Roosevelt)
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