Cramer sys print buyers should really be buying McGraw Hill (MHP)

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By Douglas A. McIntyre Published

Cramer on MAD MONEY also said McGraw Hill (MHP) may be the only print media company to own.  The other media decline in newspapers is Secular and will be ongoing and persistent, but MHP is diversified out of printing now.  That makes it more appealing to any fund that wants print exposure.  He said that with funds and Private Equity and billionares wanting to buy the New York Times (NYT), Tribune (TRB), and Dow Jones (DJ)….that means people should be buying MHP.

These buyers could get a better return buying MHP according to Cramer.  MHP closed down 0.9% at $66.65, but rose to $67.23 after his touting; its 52-week trading range is $46.37 to $67.43.  Cramer also pointed out that DJ & NYT aren’t really public companies because the dual class structure maes the non-public shares actually in control for the families that floated the common shares.

Well, he is going on more on this but this enough talking about this one.

Jon C. Ogg
November 30, 2006

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About the Author Douglas A. McIntyre →

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.

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