The death of newspapers (contd)

From the Boston Globe:

One stock analyst, Craig Huber of Barclays Capital, issued a report this week suggesting Times Co. shares could fall to $1 each within the next year. That's cheaper than the price of a daily Times.

"In our opinion, newspapers cannot cost cut themselves to prosperity and an online-only newspaper model is not profitable, not even close," Huber wrote. "We do not have a solution on how to solve the difficulties newspapers face."