<<Jim Seymour of TheStreet.com says the Time-Warner (TWX) merger with AOL (AOL) could mean stirrings in other big media/communications companies, like Yahoo! (YHOO) which Seymour says is in an interesting position, with its earning report due tomorrow. He thinks it?s possible that Yahoo! is going to be under pressure to do a similar deal soon. ?The one that makes the most sense, probably, is a union with General Electric's (GE) NBC unit. GE could carve out NBC, fuse its new Net-related businesses -- already gathered, at least conceptually, under the company's NBCi banner -- and merge that with Yahoo!, to form a real new-media blockbuster.? Look at GE..
David Smith of worldlyinvestor.com says the AOL-Time Warner deal signifies that the Internet has been validated by blue chip corporate America. But, he says, the obvious problem with this combination is that it dilutes Time Warner shareholders' stake in its earnings, and dilutes AOL shareholders' stake in its growth.? He also says the market correction we saw last week trailing into this week in US markets is also occurring overseas, with ChinaTelecom (CHL) and Korea Telecom (KTC) having both lost a quarter of their market value last week. But in Europe, the national phone companies are up across the board this week, including FranceTelecom (FTE) Telecom Italia (TI), Deutsche Telekom (DT), KPN (KPN) and Telefonica (TEF).>> |
