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Old 11-23-2005, 03:14 PM  
wallst
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Join Date: Aug 2004
Location: South East
Posts: 1,621
Quote:
Originally Posted by Gottis
but weak advertising led to a loss in its publishing operation, and its stock fell more than 13 percent.

This on Nov 3rd, around the time Hef went in.

Playboy runs everything but a tight ship, only posting a $3M quarterly profit due to major cost-cutting and sharp declines in taxes and interest payments.

Bookkeeping tricks aside, I make more money than Playboy.
wow, thats a pretty big statement considering playboy is publicly traded co.

yeah, i also read that paper costs had considerable effect on margins...
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