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|  #1 Posted on 18.7.02 0617.03 | 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
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| #2 Posted on 18.7.02 0901.51 | Instant Rating: 0.00 | 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.
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| #3 Posted on 18.7.02 1202.07 | 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.
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| #4 Posted on 18.7.02 1548.24 | Instant Rating: 4.05 | 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
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| #5 Posted on 18.7.02 2007.45 | http://jkyle.com says:
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.
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| #6 Posted on 18.7.02 2235.03 |
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.
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|  #7 Posted on 19.7.02 0252.02 | Instant Rating: 8.00 | 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.  .
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