The W
Views: 115714387
Main | FAQ | Search: Y! / G | Color chart | Log in for more!
28.8.09 0344
The 7 - Random - The next Enron/Worldcom... Register and log in to post!
(3489 newer) Next thread | Previous thread
User
Post (8 total)
A-MOL
Frankfurter
Level: 58

Posts: 73/777
EXP: 1558359
For next: 19196

Since: 26.6.02
From: York, England

Since last post: 4548 days
Last activity: 4490 days
#1 Posted on 18.7.02 0617.03
Reposted on: 18.7.09 0619.58
Is it true that AOL are in serious financial trouble? If it is, I blame it on dumping their sports entertainment branch.
Promote this thread!
evilwaldo
Lap cheong
Level: 80

Posts: 422/1597
EXP: 4653099
For next: 129890

Since: 7.2.02
From: New York, NY

Since last post: 4082 days
Last activity: 3863 days
AIM:  
#2 Posted on 18.7.02 0901.51
Reposted on: 18.7.09 0914.43
Nah, they misbooked a small amount of revenue (2%) which is negligable in a company that size. Don't forget that they have a real company behind them the has real revenues.

Not to say that it isn't a big deal but they are not in trouble.

Tom Dean
Bockwurst
Level: 51

Posts: 288/573
EXP: 980693
For next: 33252

Since: 30.8.02
From: New York, NY

Since last post: 3981 days
Last activity: 3350 days
AIM:  
#3 Posted on 18.7.02 1202.07
Reposted on: 18.7.09 1215.43
Well, AOL/Time Warner is not in trouble as a unit, but Time Warner merging with the fly-by-night AOL was a huge fucking mistake that has made it worth a lot less than it was by itself.
Zeruel
Thirty Millionth Hit
Moderator
Level: 134

Posts: 605/5278
EXP: 28050594
For next: 536454

Since: 2.1.02
From: The Silver Spring in the Land of Mary.

Since last post: 74 days
Last activity: 8 hours
#4 Posted on 18.7.02 1548.24
Reposted on: 18.7.09 1559.04
from washingtonpost.com

Robert W. Pittman, once the golden boy who helped revive America Online Inc. before it merged with Time Warner Inc., resigned as chief operating officer of the combined company, the company announced today. The management shake-up comes after a year-long slide in advertising revenue and stock value.

read the whole column here Click Here
J. Kyle
Boudin blanc
Level: 97

Posts: 313/2480
EXP: 8992430
For next: 324928

Since: 21.2.02
From: The Land of Aloha

Since last post: 1 day
Last activity: 1 day
AIM:  
Y!:
#5 Posted on 18.7.02 2007.45
Reposted on: 18.7.09 2018.33

    Originally posted by rikidozan
    a year-long slide in advertising revenue and stock value.

    read the whole column here Click Here



Coudln't happened to a more deserving company. Burn baby, BURN.
Slestak
Salami
Level: 33

Posts: 167/201
EXP: 208469
For next: 20713

Since: 2.1.02
From: Oklahoma City

Since last post: 5104 days
Last activity: 5038 days
#6 Posted on 18.7.02 2235.03
Reposted on: 18.7.09 2237.09

    Originally posted by evilwaldo
    Nah, they misbooked a small amount of revenue (2%) which is negligable in a company that size.
2% of a billion dollars is $20 million. How big is AOLTW?

That's a bunch of money for a company of any size.
Qubber
Boerewors
Level: 43

Posts: 362/375
EXP: 531002
For next: 34049

Since: 7.1.02
From: Sheffield, UK

Since last post: 3425 days
Last activity: 2688 days
AIM:  
#7 Posted on 19.7.02 0252.02
Reposted on: 19.7.09 0252.09
Kinda interesting facts:

If you had bought $1,000.00 worth of Nortel stock one year ago, it would now be worth $49.00.

With Enron, you would have $16.50 of the original $1,000.00.

With Worldcom, you would have less than $5.00 left.

If you had bought $1,000.00 worth of Stella (the beer, not the stock) one year ago, drank all the beer, then turned in the bottles for a 5c deposit, you would have $107.00.

Based on the above, current investment advice is to drink heavily and recycle. .


CRZ
Big Brother
Administrator




Since: 9.12.01
From: ミネアポリス

Since last post: 1 day
Last activity: 4 hours
AIM:  
ICQ:  
Y!:
#8 Posted on 19.7.09 0318.30
    Originally posted by Qubber
    Kinda interesting facts:

    If you had bought $1,000.00 worth of Nortel stock one year ago, it would now be worth $49.00.

    With Enron, you would have $16.50 of the original $1,000.00.

    With Worldcom, you would have less than $5.00 left.

    If you had bought $1,000.00 worth of Stella (the beer, not the stock) one year ago, drank all the beer, then turned in the bottles for a 5c deposit, you would have $107.00.

    Based on the above, current investment advice is to drink heavily and recycle. .



Still a classic.
ALL ORIGINAL POSTS IN THIS THREAD ARE NOW AVAILABLE
Thread ahead: I'm a wiener
Next thread: Proposed New WTC Plans
Previous thread: Midway Airlines
(3489 newer) Next thread | Previous thread
The 7 - Random - The next Enron/Worldcom...Register and log in to post!

The W™ message board - 7 year recycle

ZimBoard
©2001-2015 Brothers Zim
This old hunk of junk rendered your page in 0.411 seconds.