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To: EagleUSA
There is no longer an AOL Time Warner (AOL)...it is now called Time Warner (TWX).

The article about the arab's purchase of $450,000,000 worth of AOL was from 2002. His average cost was $23 according to the article, TWX is now around $18, so if he still holds those shares they are worth around $355,000,000.

In any event, TWX's total capitalization is $84 Billion, so even if the arab had $1 billion worth he would only have a 1.2% share...hardly enough to dictate CNN's (only one of TWX's many outlets) political bias.

Finally, Time Warner Cable does not offer Al Jazeera...the only major American service that I know does is Dish Network...so if you have that dish...your subscription does aid the distribution of Al Jazeera.

23 posted on 08/18/2005 9:38:14 AM PDT by Positive (Nothing is sadder than to see a beautiful theory murdered by a gang of brutal facts.)
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To: Positive

...hardly enough to dictate CNN's (only one of TWX's many outlets) political bias.
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Good summary - thanks! That helps to put it into perspective, but it still bothers me in principle...


27 posted on 08/18/2005 9:41:03 AM PDT by EagleUSA
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