Comcast Corp. (NASDAQ: CMCSA): Cable was riding high when it looked like its "triple play" of voice, broadband, and TV was pulling customers away from the telecom companies. But the shoe moved to the other foot quickly. Comcast hit a multi-year high in January as its VoIP offering was adding hundreds of thousands of new customers. But, in its third quarter, subscription growth slowed. AT&T (NYSE: T) announced that subscriptions for its new TV product, E-Universe, was getting good customer adoption. And, those clients are almost certainly coming from cable. Comcast fell to $20.82. Other large cable companies like Time Warner Cable (NYSE: TWC) also hit lows on similar concerns.

Gannett Inc. (NYSE: GCI): Despite positive earnings news from The New York Times Company (NYSE: NYT), Wall Street refuses to believe that the large newspaper chains can find any solutions to halt a relentless drop in print advertising. If the internet continues to pull away marketing dollars, some of the debt-laden papers could have real trouble next year, so McClatchy (NYSE: MNI) and Journal Register (NYSE: JRC) also hit multi-year lows.

Douglas A. McIntyre is an editor at 247wallst.com.