The phrase "Wall Street thinks" is a tsunamic oxymoron because Wall Street, by and large, does not think. Instead, it is ruthlessly reptilian, instinctively striving only for profits, which means money, which means more money for Wall Street. In the case of the Times -- and also, by implication, the Wall Street Journal and The Post -- Wall Street does not like the way these companies are managed. Although they are publicly traded, they are substantially controlled by individual families. This is undemocratic and inefficient. Pray it stays that way. Cohen is such an ass. I guess he doesn't own any stock in the NYT - the value of which has declined almost fifty percent over the last five years, mainly due to the management of 'Pinch' Sulzberger.