Thursday, May 05, 2005

Update 6: Time Warner 1Q Profit Up on Cable Growth - Forbes.com

AOL sold $940 million dollars worth of Google and used it to pay down debt, which is now $14 Billion and falling quickly. Dial-up subscribers continue to fall away, 549,000 during the latest quarter. Advertising revenues up 49%. The "new" model is taking over. TWX is the worlds largest media company. The stock has become a value play. Load up the truck for a solid return. Nothing great but solid is what a lot of folks want.

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