To: Joana Tides who wrote (6868 ) 1/12/2000 1:56:00 PM From: Blue Snowshoe Respond to of 7442
AOL-TimeWarner, the CPQ-DIG merger of 2000 steve lower case has screwed AOL stock and all AOL shareholders. What makes a stock or anything worth money is how different it is from others not how much it becomes like others. AOL was a blue chip internet stock in its own league, now it is another big boy media company. AOL in not the company it was before I went to Palm Beach, it is less, much less to those who are used to returns. I saw the video of Gerald Levin and steve lower case talking about the merger, the first problem the companies will have became clear. Did you see where a huggy, feely steve lower case put his arm around Mr. Levin? Two different generations (companies), two different mind sets. I may be wrong but I think I saw Mr. Levin's skin crawl when steve lower case put his arm around him. If his skin didn't, mine did. Save it for the encounter group steve lower case, this is business, big business. Oil and water, CPQ and DIG. I'd like to play poker with both of them for they showed their cards way too soon. YHOO, GNET, GO, etc. are in the seat of power now. They know what LCOS will do, they know what AOL will do. This is a chess game and steve lower case just moved an unprotected king to the middle of the board. Did any of you hear why steve said this was a good fit? He spent a week or two in China and got along with Mr. Levin. Lots of people away from home in a strange land fall in love, ask any G.I. Not the best reason for a merger I dare say. AOL stock is not worth a penny more that 50 bucks a share IMO. The stock will mimic the CPQ "action" in the years since DIG came along. Oil and water don't mix well, it takes time (if ever). During that time the stock will go nowhere slow. GO, YHOO, GNET and others will be the winners from this merger. DIS-Infoseek, USA-LCOS, CPQ-DIG, and now AOL-TimeWarner. This won't help AOL stock, smart people should (or have) run. Now as always AOL is an AVOID. 909S2ALL, Blue