Except that AOL, much as we hate it, is the real deal. They have 4 times the profit of Time-Warner (real cash money, not stock profit) on a quarter the sales.
While AOL's profit margin may be higher, you still have a company with revenues of $2.17 per share, buying a company with revenues of $21.85 per share. Time Warner's cash flow is also close to ten times that of AOL. This year, Time Warner had an operating margin of 28%, while AOL pushed 10% for the very first time.
AOL may have proven you can make money with the internet, but I a little nervous as to whether they have worn themselves a little thin.
The merger itself - I may have missed this, but this is all pending FTC approval, right? I have a feeling that there may resistance from the FTC *AND* shareholders in this. So nothing's written in stone yet.
Yes, it still has to be voted in by shareholders... though Ted Turner (the largest shareholder) has already stated he would vote for the merger with his 9% of Time Warner. The other majority, all the institutional investors out there will most likely vote for it because it is the best thing for the stock price... already we have seen Time Warner go up 50% on this news. Who is going to vote this down!?
The FTC will have to approve it, but there is very little standing in the way... as long as Disney is alive and kicking. There is no monopoly present.
We saw similar activity in the 80's with the Japanese markets soaring to unbelievable heights. Remember the fear of the "USA being bought by corporate Japan"?
Japanese companies were an unstoppable force at that time... you had fledgling Japanese companies no one had even heard of 5 years prior buying long-standing Amereican companies with ten times their revenue. The inflated prices of the Japanese stocks enabled them to do this.... Just as AOL is now able to buy Time Warner, a well established company with much greater revenues and cash flow.
Will this be like the Japanese market of the 80's? When the Japanese bubble eventually burst and left numerous companies with more than they could chew... or will power of "The Internet" continue ever onward?
Maybe next we will see Yahoo buy Disney... it is certainly not unthinkable.
>Subject: Top 50 slogans for Michigan 2000 Tourism Campaign...
1. The one that looks like a mitten, you moron. 2. Where used cars from Florida bring top dollar. 3. No hurricanes here. 4. The orange colored barrel State. 5. Stop and see the Giant Man-eating Clam on the trip north. 6. So close to Canada you can hardly tell the difference. 7. We know the rules to euchre. 8. Got fudge? 9. Two Mystery Spots. No waiting. 10. Yes, the Porcupines are real mountains. 11. Soda? We say pop here, buddy. 12. The Midwestern "M" state without a wrestler forgovernor. 13. No riots since '67. 14. More than just boarded-up auto plants. 15. Casino fever - catch it. 16. Home of Kalkaska dirt, our state soil. 17. Sandy beaches without severe undertow. 18. Happiness is a warm pasty. 19. Imagine an island where horse manure still litters the streets. 20. Water enough for any drought. 21. Visit Hell and Climax. 22. Birthplace of Meijer Thrifty Acres. 23. Where Ontario is a shortcut to New York. 24. Just a serial killer away from enacting capital punishment. 25. Gerald Ford slept here. 26. It's called snow. Get used to it. 27. Where the names of high-toned suburbs needlessly end with "e." 28. Deer processing available here. 29. Fewer toothless women than Indiana. 30. Once a swamp unfit for habitation. 31. Try eating corn flakes without us. 32. Inbreeding: It's what's for dinner. 33. Big on flannel. 34. It's not the heat. It's the humidity. 35. Smoked fish sold here. 36. Good people with camping trailers. 37. Where else can a family of twelve live in a single trailer? 38. Uncle Ted rules. 39. No toll roads and proud of it. 40. Who you calling a hick? 41. Our biggest bridge makes yours look puny. 42. Nearly went to war with Ohio once and will do it again if they pull any funny stuff. 43. Land of snow machines and bass boats. 44. #@?@* mosquitoes. 45. We know a place where wooden shoes are always in style. 46. Where lousy teams get new stadiums. 47. Consider Amway. 48. Speed limit back up to 70, so move it. 49. The Red Wings State. 50. Winter: The best seven months of the year!
He answers these questions (including the one below this)on his web site.
If I remember correctly: He tends to avoid talking about Steve Jobs as much as possible. They continue to be friends, and he was happy to see he was running Apple again. He does acknowledge that Steve can be an ass (well maybe not those words), and that he himself would do many things a bit diferent... but he also states that Steve is great at running a company, something he would never be able to (or want to) do.
As far as his potrayel in the Pirates of Silicon Valley? The Woz was tinkled pink by his potrayel... he was amazed at some of the anecdotes they were able to dig up on him from the early days.
Read some of the question and answers he provides on his website... they are extremely informative.
Businesses in the United States spent an esimated $600 million on Y2K preperations. Not sure how much the government ended up spending, but probably close to half of that.
That is an absolute field day for the consultants!
So in one year you have close to a trillion dollars spent on a one-time problem... unbelievable!
Thank god this happened at a time when the economy was absolutely booming... if we were experiencing a recession at the moment, the results could have kept us from pulling out for a few years longer.
2) Love. I am not going to go out with any more girls when I have a feeling in the back of my mind that something's not right. I've been cheated on with every one of these girls that I've had doubts about. No more.
Working harder next year so I can afford more coke. Doing more coke next year so I can work harder. Working harder next year so I can afford even more coke. Doing even more coke so I can work even harder. Working harder than ever....
I am sad that they had to resort to this in order to keep interest alive in such a valuabel tool.
Morse code is, and will always be extrememly important as a tool and in emergency situations. But Amateur Radio really is hurting right now for younger members. Going to a meeting, you only see ages 50 and above... which really is too bad, it is a fun hobby that I think kids would relly enjoy if their parents knew about it and gave some support.
I got my license when I was 12... and I also learned morse code at that age. It certainly is not that difficult, only a little intimidating at first.
Now those darn kids got "chat" over the internet;)
Decide for yourself... but try and catch a biography of him on E! or A & E. The majority of the influential people in the industry today seem to think the opposite of you... that there was a lot of new to what he did.
... and I always thought Andrew Dice Clay invented swearing:)
... I know the necesity of always having alchohol on hand.
While my favorite whiskey would have to be Wild Turkey (shoot one for me), I commend the Slashdot crew for carefully loading up on the ol' Mountain Dew.
The distillary is also a grand idea... Whiskey is incredibly easy to make (any fellow brewers out there would know), and you folks being in Holland would be a quick little jaunt fo me to stock up on grandpa's tea.
Give em a break... almost every significant discovery and means of progress came as a result of pushing the limits.
Whether it was in physics, music, philosophy, art, technology OR entertainment.
Stasis is not a good thing. Kaufman pretty much revolutionized the entire entertainment industry... he really did. Try and find a succesful comedian, TV producer, movie producer or even musician and artist who would not list Andy Kaufman as an influence.
But that still does not mean you have to like him, or even think he was funny:)
I have long been an Andy Kaufman fan. Maybe one of the reasons for this is that I came upon him after the fact. Probably not too many Slashdotters actually remember Andy Kaufman, and went through what he put his audiences through.
I am not sure if I would have liked him so much back in the late 70's or early 80's... but I like to think I would have.
I think Katz is off by even trying to compare Jim Carey to Andy Kaufman, saying that Carey is already bigger than Kaufman. Of course he is... Jim Carey is by all means a conventional comedian (I happen to love him though), he has in no ways pushed or challenged conventional methods or barriers or brought any new aspects to comedy or acting. Kaufman did. I tend to agree with Kaufman's view that he was more of a performing artist than a comedian. Just like any succesful artist (of any medium), he painted emotions... and I can scarce come up with anyone else who could so succesfully bring out such a wide range of emotions out of an audience.
We know how many comedians have been influenced by Andy Kaufman and consider him a genius... how many future ones will think the same thing of Jim Carey (and consider him a genius)? So by no means is Jim Carey bigger than Andy Kaufman... at least in my book.
People with this attitude need to get out of second-year college.
"Tyranny of the Majority" -- Good one, I would much rather be ruled by the minority... most dictators have done an extraordinary job of keeping their people happy.
Slashdot Mirror
AOL is not buying Time Warner.
It's a merger, not an acquisition.
Only in name really... AOL shareholders get 55% of the company in this all-stock deal. And Bezos will head it.
Except that AOL, much as we hate it, is the real deal. They have 4 times the profit of Time-Warner (real cash money, not stock profit) on a quarter the sales.
While AOL's profit margin may be higher, you still have a company with revenues of $2.17 per share, buying a company with revenues of $21.85 per share. Time Warner's cash flow is also close to ten times that of AOL. This year, Time Warner had an operating margin of 28%, while AOL pushed 10% for the very first time.
AOL may have proven you can make money with the internet, but I a little nervous as to whether they have worn themselves a little thin.
The merger itself - I may have missed this, but this is all pending FTC approval, right? I have a
feeling that there may resistance from the FTC *AND* shareholders in this. So nothing's written in stone yet.
Yes, it still has to be voted in by shareholders... though Ted Turner (the largest shareholder) has already stated he would vote for the merger with his 9% of Time Warner. The other majority, all the institutional investors out there will most likely vote for it because it is the best thing for the stock price... already we have seen Time Warner go up 50% on this news. Who is going to vote this down!?
The FTC will have to approve it, but there is very little standing in the way... as long as Disney is alive and kicking. There is no monopoly present.
We saw similar activity in the 80's with the Japanese markets soaring to unbelievable heights.
Remember the fear of the "USA being bought by corporate Japan"?
Japanese companies were an unstoppable force at that time... you had fledgling Japanese companies no one had even heard of 5 years prior buying long-standing Amereican companies with ten times their revenue. The inflated prices of the Japanese stocks enabled them to do this.... Just as AOL is now able to buy Time Warner, a well established company with much greater revenues and cash flow.
Will this be like the Japanese market of the 80's? When the Japanese bubble eventually burst and left numerous companies with more than they could chew... or will power of "The Internet" continue ever onward?
Maybe next we will see Yahoo buy Disney... it is certainly not unthinkable.
I just got this in my mail...
>Subject: Top 50 slogans for Michigan 2000 Tourism Campaign...
1. The one that looks like a mitten, you moron.
2. Where used cars from Florida bring top dollar.
3. No hurricanes here.
4. The orange colored barrel State.
5. Stop and see the Giant Man-eating Clam on the trip north.
6. So close to Canada you can hardly tell the difference.
7. We know the rules to euchre.
8. Got fudge?
9. Two Mystery Spots. No waiting.
10. Yes, the Porcupines are real mountains.
11. Soda? We say pop here, buddy.
12. The Midwestern "M" state without a wrestler forgovernor.
13. No riots since '67.
14. More than just boarded-up auto plants.
15. Casino fever - catch it.
16. Home of Kalkaska dirt, our state soil.
17. Sandy beaches without severe undertow.
18. Happiness is a warm pasty.
19. Imagine an island where horse manure still litters the streets.
20. Water enough for any drought.
21. Visit Hell and Climax.
22. Birthplace of Meijer Thrifty Acres.
23. Where Ontario is a shortcut to New York.
24. Just a serial killer away from enacting capital punishment.
25. Gerald Ford slept here.
26. It's called snow. Get used to it.
27. Where the names of high-toned suburbs needlessly end with "e."
28. Deer processing available here.
29. Fewer toothless women than Indiana.
30. Once a swamp unfit for habitation.
31. Try eating corn flakes without us.
32. Inbreeding: It's what's for dinner.
33. Big on flannel.
34. It's not the heat. It's the humidity.
35. Smoked fish sold here.
36. Good people with camping trailers.
37. Where else can a family of twelve live in a single trailer?
38. Uncle Ted rules.
39. No toll roads and proud of it.
40. Who you calling a hick?
41. Our biggest bridge makes yours look puny.
42. Nearly went to war with Ohio once and will do it again if they pull any funny stuff.
43. Land of snow machines and bass boats.
44. #@?@* mosquitoes.
45. We know a place where wooden shoes are always in style.
46. Where lousy teams get new stadiums.
47. Consider Amway.
48. Speed limit back up to 70, so move it.
49. The Red Wings State.
50. Winter: The best seven months of the year!
In fact, a stock split can be bad for a company especially if their share price falls enough that the institutions are barred from buying into them.
Which is when reverse splitting is used.
So if I go to the beach in Holland, MI... generally I go to South Haven (but ever so rarely now), would I see any members of the Geek Compound?
:)
So when are you going to finally sell out?
He answers these questions (including the one below this)on his web site.
If I remember correctly: He tends to avoid talking about Steve Jobs as much as possible. They continue to be friends, and he was happy to see he was running Apple again. He does acknowledge that Steve can be an ass (well maybe not those words), and that he himself would do many things a bit diferent... but he also states that Steve is great at running a company, something he would never be able to (or want to) do.
As far as his potrayel in the Pirates of Silicon Valley? The Woz was tinkled pink by his potrayel... he was amazed at some of the anecdotes they were able to dig up on him from the early days.
Read some of the question and answers he provides on his website... they are extremely informative.
I meant billion, not million.
I am an idiot.
Businesses in the United States spent an esimated $600 million on Y2K preperations. Not sure how much the government ended up spending, but probably close to half of that.
That is an absolute field day for the consultants!
So in one year you have close to a trillion dollars spent on a one-time problem... unbelievable!
Thank god this happened at a time when the economy was absolutely booming... if we were experiencing a recession at the moment, the results could have kept us from pulling out for a few years longer.
2) Love. I am not going to go out with any more girls when I have a feeling in the back of my mind
;)
that something's not right. I've been cheated on with every one of these girls that I've had doubts
about. No more.
I vow to continue seducing your girlfriends
Working harder next year so I can afford more coke.
Doing more coke next year so I can work harder.
Working harder next year so I can afford even more coke.
Doing even more coke so I can work even harder.
Working harder than ever....
I am sad that they had to resort to this in order to keep interest alive in such a valuabel tool.
;)
Morse code is, and will always be extrememly important as a tool and in emergency situations. But Amateur Radio really is hurting right now for younger members. Going to a meeting, you only see ages 50 and above... which really is too bad, it is a fun hobby that I think kids would relly enjoy if their parents knew about it and gave some support.
I got my license when I was 12... and I also learned morse code at that age. It certainly is not that difficult, only a little intimidating at first.
Now those darn kids got "chat" over the internet
Its his standup you have to see... he hated Taxi.
:)
Decide for yourself... but try and catch a biography of him on E! or A & E. The majority of the influential people in the industry today seem to think the opposite of you... that there was a lot of new to what he did.
... and I always thought Andrew Dice Clay invented swearing
What is the reaction going to be when people log into their AOL accounts from a Linux box?
:)
Will my karma points get me anything in the new society?
... I know the necesity of always having alchohol on hand.
While my favorite whiskey would have to be Wild Turkey (shoot one for me), I commend the Slashdot crew for carefully loading up on the ol' Mountain Dew.
The distillary is also a grand idea... Whiskey is incredibly easy to make (any fellow brewers out there would know), and you folks being in Holland would be a quick little jaunt fo me to stock up on grandpa's tea.
Thanks,
Give em a break... almost every significant discovery and means of progress came as a result of pushing the limits.
:)
Whether it was in physics, music, philosophy, art, technology OR entertainment.
Stasis is not a good thing. Kaufman pretty much revolutionized the entire entertainment industry... he really did. Try and find a succesful comedian, TV producer, movie producer or even musician and artist who would not list Andy Kaufman as an influence.
But that still does not mean you have to like him, or even think he was funny
I have long been an Andy Kaufman fan. Maybe one of the reasons for this is that I came upon him after the fact. Probably not too many Slashdotters actually remember Andy Kaufman, and went through what he put his audiences through.
I am not sure if I would have liked him so much back in the late 70's or early 80's... but I like to think I would have.
I think Katz is off by even trying to compare Jim Carey to Andy Kaufman, saying that Carey is already bigger than Kaufman. Of course he is... Jim Carey is by all means a conventional comedian (I happen to love him though), he has in no ways pushed or challenged conventional methods or barriers or brought any new aspects to comedy or acting. Kaufman did. I tend to agree with Kaufman's view that he was more of a performing artist than a comedian. Just like any succesful artist (of any medium), he painted emotions... and I can scarce come up with anyone else who could so succesfully bring out such a wide range of emotions out of an audience.
We know how many comedians have been influenced by Andy Kaufman and consider him a genius... how many future ones will think the same thing of Jim Carey (and consider him a genius)? So by no means is Jim Carey bigger than Andy Kaufman... at least in my book.
OK, that's the end of this thread... nothing kills your argument faster than marching in the Nazis.
68 John Hagelin
:)
61 Harry Browne
55 George W. Bush
50 Bill Bradley
I am embarrased to say I had never heard of Hagelin up until this moment. I like what he advocates though
I will probably vote for ol' Georgey in the end though. I do like Bradley as well (certainly a lot more than Gore).
Is the 5th party the one on the 31st of December?
What a load of pig-shit.
People with this attitude need to get out of second-year college.
"Tyranny of the Majority" -- Good one, I would much rather be ruled by the minority... most dictators have done an extraordinary job of keeping their people happy.
Bill Bradley, is that the African-American?
No, but he did play professional basketball... however, that does not make him black.
Anyone else notice how the candidates keep getting taller and taller?