Word: goodbuy
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...including Us, circ. 500,000, a four-month-old imitator of Time Inc.'s PEOPLE), two broadcast stations, three book publishers and part of three Canadian Paper mills. Once an institution more interested in public service than profit, the New York Times Co. is now on Wall Street's goodbuy lists. After several years of see-saw profits (net income was $13.6 million in 1972. $20.3 mllion in 1974, only $12.7 million in 1975), the firm last announced that earnings for the first half of 1977 rose 89% to $12 million on record revenues of $244 million. Barring unforseen trouble...
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