 MusicscomPremium
join:2004-08-24
Washington, DC | All them greedy little buggers . . . with their AOL stock and Time Warner stock, it's about time they paid the piper.
Steve Case got out when he saw the writing on the wall. Unfortunately, the droids and deadheads at Time Warner don't have the same common sense.
While AOL was the greediest ISP in history, Time Warner makes them look like a mom & pop operation. I did like the famous quote from Miss Lisa though, talk about something coming back to haunt you; what century does this "president Lisa" live in? Certainly not this one.
Time Warner is right in their league; least common denominator television, crap shows, crap magazines, and crap news. And don't forget crap movies and crap music.
A newspaper chain and a movie company really have no business in diversifying into Internet business anyway. A newsman knows absolutely nothing about how computers and Internet connectivity work, and actors and producers know even less.
Is it time to dump both stocks? You betcha!
Anyone who would sink half a billion into a burning building needs the boot from uptown Manhattan; all the way to Peoria!
These new old "young" CEO's haven't got a clue. Like Miss Lisa, what planet are you from dear?
Or did she make off with a nice golden parachute for all of the dismemberment she caused?
AOL could not go broadband. They never saw this. AOL's view has been, and probably always will be, myopic. AOL is the anti-social kid on the block, and refuses to play with any of the other kids. Time Warner is no different.
Remember when James Warner ran Warner along with his brothers? Probably not, but back then they actually cared about people and their employees and the public. Not anymore. And the public no longer cares about them. Except for those pensioners that still think they're going to retire on AOL stock. Ah, gambling, it doesn't matter if you call the casino the NYSE or NASDAQ, the results are the same: the house always wins and you always lose, in the long run. No one knows this better than a Wall Street broker who has convinced millions to buy paper stock. Like that of Yahoo, another loser in the long run.
Hey, if you want to gamble your life savings on a company with no real assets, fine; but don't cry when the NYSE screams "Banco!"
By the way, AOL still owes me $56.00
And their service was the worst I've ever used, with the possible exception of AOL's twin, Comcast.
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