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4.10.15 0428
The W - Random - The next Enron/Worldcom...
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Since: 26.6.02
From: York, England

Since last post: 4219 days
Last activity: 4161 days
#1 Posted on
Is it true that AOL are in serious financial trouble? If it is, I blame it on dumping their sports entertainment branch.
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Lap cheong

Since: 7.2.02
From: New York, NY

Since last post: 3753 days
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#2 Posted on | 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.

Prime evil of Kaiju Big Battel is very mysterious and expensive doctor.
Tom Dean

Since: 30.8.02
From: New York, NY

Since last post: 3652 days
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#3 Posted on
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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Thirty Millionth Hit

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

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#4 Posted on | Instant Rating: 4.05

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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J. Kyle
Boudin blanc

Since: 21.2.02
From: The Land of Aloha

Since last post: 11 days
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#5 Posted on 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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Since: 2.1.02
From: Oklahoma City

Since last post: 4775 days
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#6 Posted on

    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.

Eatin' fruit and bein' cool

Since: 7.1.02
From: Sheffield, UK

Since last post: 3096 days
Last activity: 2359 days
#7 Posted on | 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. .

"Nobody enjoys a good time more than I do, but this business of yours is as legitimate as a three-legged donkey...which of course is illegitimate because as we all know donkeys have four legs."

Lance Storm, 21st January 2002.
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