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27.4.18 0356
The W - Random - The next Enron/Worldcom...
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Post (7 total)

Since: 26.6.02
From: York, England

Since last post: 5155 days
Last activity: 5097 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: 4689 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

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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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gonna build a giant drill and bore straight into hell releasing ancient demons from their sleep-forever spell so they can walk upon the earth and get recituated and run the diet pill pyramid that MC Pee Pants has created
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

Since: 21.2.02
From: The Land of Aloha

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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: 5711 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: 4032 days
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#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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Well back to the Simpson,they just aired the episode in which Bart goes to a indian casino and see's his future and Lisa is president.When Lisa sends Bart to Camp David,Krusty did this joke. "What is the difference between a pancake and Pakistan?
- ICEMAN, Simpsons WTC Eps. (2002)
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