It is one thing for the New York Times to endure criticism from the likes of bloggers and talk show hosts. We can be dismissed because, despite our growth, we lack prestige, tradition, and clout — especially within the liberal bubble. But when certain Wall Street investment houses talk, as the old TV ads put it, "people listen" Morgan Stanley has issued a research report on the New York Times Company, which indirectly slams the management of Arthur "Pinch" Sulzberger, Jr. Here are some excerpts, within the fair use copyright limitations: In 2005, NYT was the worst performing newspaper stock, dropping over 35%.  Since hitting a peak in 2002, the stock is down nearly 50% and is the worst  performing newspaper stock by some margin over the past three years.  Since peaking  in 2000 at 25.1%, the EBITDA margin of the company is expected to come in around 17.5% in 2005. [....] ...as largely depicted in a recent New...(Read Full Post)