Within Time Warner right now, AOL is worth somewhere between 17 billion and 20 billion. But if the advertising business grows nicely over the next two to three years, it could be worth 25 billion to 30 billion.
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The stock action here is telling you everything you need to say.Larry Haverty
Management is doing the right thing. You don't want to change the driver of the horse when the strategy is clearly appropriate.
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The timing to implement the plan is lengthy and the potential rewards are nothing different from what would be achieved by current management.
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He's becoming strategically complete. The business is undervalued and the stock is growing.
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Things that needed to get done, the management has done.
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