Friday, August 15, 2008

Low times for Lee

From a reader:

Over the past year, Lee Enterprises stock has ranged from $20.60 to $2.76. Tuesday, it opened at $3.33 with a high of $3.39 and a low of $3.10. Meanwhile, the Lambros real estate agency is listing “historic Lee Lodge” in Polson for $4.5 million. Lee owns the Billings, Butte and Missoula newspapers as well as some in smaller communities. One can only hope that corporate executives have adequate golden parachutes.

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