Frederick Moran
Frederick Moran
colleague concerns extremely falling gave guidance leader looks opposed pull related report rival solid stock weakness
They had a very solid report and gave guidance that looks extremely powerful. Any weakness in Sirius is more related to concerns at their rival XM as opposed to anything at Sirius itself. As long as the leader in the industry's stock is falling it's going to pull its colleague down with it.
bid brings low minimum table
A bid in the low 90s would be the minimum for Lycos because Lycos brings so much more to the table than Terra does.
fully information news publicity represent represents stock vulnerable whenever
This doesn't represent new news but represents information that's getting more publicity and highlighted more fully than it has in the past. Because the stock has been vulnerable whenever news like this comes out, it reacts negatively.
although aol business cheap company deal drive growth internet media merger neither prospects reflects relative stock taken time together trades uncover
Right now neither stock reflects merger synergies. In fact, Time Warner, although it's getting taken over by AOL, reflects no takeover premium. We think as the deal comes together and they uncover some new business opportunities and synergies, they will drive valuation. I think AOL trades like a media company and in a way it really doesn't trade like an Internet company anymore. So either it's an undervalued media company relative to its growth prospects or it's a very cheap Internet company.
activity despite internet month next nice potential pressure remain since stocks
The Internet stocks have been under pressure since mid-March. The Internet, as a group, is down more than 50 percent. Some of these stocks have really been decimated, and despite some nice potential activity today, we actually think Internet stocks will remain under pressure for the next month or more,
answer attract female help move smart stern strategic
It's a smart strategic move for XM because they need to answer the Howard Stern question. It's not a dirt-cheap deal. But it does help XM attract a female audience.
difference focus help holding pieces
It does make sense to help focus investors. Sumner Redstone thought that the difference between the two pieces was holding back Viacom's valuation.
heals internet landscape media merger networks requiring shows
It also comes on the heals of AOL-Time Warner and the Terra Networks merger with Lycos, and shows that the Internet and media landscape is getting increasingly competitive, requiring more consolidation.
across aol areas basically continues fully integrated internet player powerful service subscriber
AOL, ... is the Internet play out there. It is the only fully integrated Internet player in the space. It basically has multi-brands across different areas of the Internet. And their flagship AOL Internet service continues to show very, very powerful subscriber growth.
achieve brand drive growth name order size
You need size and scale, and you need to drive a brand name in order to achieve growth and profitability in this market.
ad allow cuts fragmented industry inventory longer maintain market media necessary radio remain share stimulate
Ad inventory cuts are a necessary evil. I don't think it will stimulate accelerated growth. It will just allow the radio industry to remain competitive and maintain market share longer in an increasingly fragmented media environment.
ability access aol biggest chat complete customers distant easy future global instant internet invite junk link messenger move open point security services system together towards
Open access is the biggest issue. The other one, we think, is interoperability for instant messenger and ICQ. The ability for other ISPs to have instant messaging with, and that is technologically resolvable at some point in the not too distant future and AOL has pledged that they will move towards making that happen. If these two completely different services can link together and interoperate without any security problems, junk mails bombarding the chat sessions, then it would be very easy to invite other ISP customers into what would be a global and complete instant messaging system for all Internet users,
deserves media premium rates rising seeing stands
This is the one ad-driven media play that stands out significantly. Lamar is seeing rising occupancy rates and deserves a premium multiple.
bubble bursting clearly felt internet investors maybe scared sure truly yesterday
Yesterday was very frightening. It felt like maybe the bubble was bursting on the Internet stocks. I'm not sure that that's truly the case, but clearly investors are scared right now and they're panicking a little bit.