Yesterday, the stock of the New York Times Company touched the price of $24.00 before rebounding slightly to 24.16 by the closing bell. It had not traded at such a low level since October of 1998. Pinch Sulzberger became chairman of the company in 1997, so the stock price is still
slightly above the
level it enjoyed at the time he became the company's top leader. If and when it dips a bit further, another milestone in the misguided leadership of the hereditary boss will be clear to all.
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