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To: Les H who wrote (200945)10/29/2002 6:45:55 PM
From: Les H  Read Replies (1) | Respond to of 436258
 
AOL Must Shed Weapons of Wealth Destruction
(2002-10-25) -- Unless AOL Time Warner completely eliminates its "weapons of wealth destruction" (WWD), regime change seems inevitable, according to industry experts.

Chairman Steve Case's secret WWD program may have existed as early as two years ago when he and now-retired Time Warner boss Gerald Levin were talking about a mysterious "synergy" they were developing.

"No one really knows what this synergy is," said a market analyst at a reputable Wall Street firm, "We have no concrete evidence that the synergy exists. But it must have something to do with reducing a mighty publishing empire to dust and ashes."

Since AOL took over Time Warner about two years ago, the company has lost billions of shareholder dollars. Company insiders say that Mr. Case never wears a necktie out of fear of rebels within the organization.