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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: MeDroogies who wrote (18506)	4/27/2002 3:44:49 PM
From: LLCF	Read Replies (2) \| Respond to of 74559

<I think what you'll find is that TW made out like bandits. They didn't pay a dime, got a premium placed on their stock when it was moribund, picked up a profit center, and eventually took over a company that thought was taking TW over.> I fact they have away over 1/2 their stock for company that turned out to be a commodity and that they could have bought for practically zero 18 months later. AOL had a contract to pay Bertlesman 6 BILLION for 1/2 of AOL Europe... making it over time NOT a profit center but a black hole. It was the WORST major deal I've ever seen besides perhaps the Quest deal which wiped out USW shareholders. DAK DAK