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Technology Stocks : What about old Time Warner
TWX 98.770.0%Jun 15 5:00 PM EST

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To: sixty2nds who wrote (61)10/14/2005 9:20:23 AM
From: sixty2nds  Read Replies (2) of 102
 
07:52 TWX Time Warner: AOL sale talk is "market rumor": CEO -- Reuters (17.59 )

Time Warner chief executive said on Thursday that news of a possible sale of a stake in its America Online (AOL) unit to Google Inc. and Comcast Corp. was "market rumor." Richard Parsons, on a visit to Hong Kong, also said there were no plans for a tie-up with Microsoft's (MSFT) search-engine technology. Two sources told Reuters that web search engine Google Inc. (GOOG) and cable company Comcast Corp. (CMCSA) were in talks to buy a stake in AOL, in a deal reportedly worth up to $5 billion.

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