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Technology Stocks : What about old Time Warner -- Ignore unavailable to you. Want to Upgrade?

To: sixty2nds who wrote (74)	11/18/2005 2:30:57 PM
From: sixty2nds	Read Replies (1) \| Respond to of 102

06:37 TWX Time Warner: Icahn Group Plans Proxy Fight To Raise Heat on Time Warner- wsj.com (17.82 ) WSJ.com is reporting a group led by Carl Icahn said it intends to mount a proxy contest to win seats on Time Warner's (TWX) board, in the latest step by the investor group to pressure the co to spin off its cable unit and buy back $20 bln in stock. The group, made up of several hedge funds including one managed by Icahn, also said it thinks the "true value" of Time Warner shares is between $26 and $28, about $10 a share above the stock's trading range over the past couple of years.