Foolish speculation
The idea that AOL and Time Warner would break-up after all the pain of the combination at the same time the Net bubble was deflating is simply foolish. Of course, some fools think it is a good idea. The combined company produced about $38 billion in revenues when it first merged and now generates about $40.3 billion. That's not a disaster, it's just a long process of adjustment. And, given the environment in which this merger has been concluded and implemented, the company's record isn't so bad.
Posted by Mitch Ratcliffe at October 29, 2002 03:29 PM | TrackBack