Frederick Moran
Frederick Moran
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.
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,
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.
address assets fox likes missing nbc platform players pressure puts quickly specific step
This puts competitive pressure on the likes of Disney, NBC and Fox Television. These other players will have to step up, reevaluate, see what kind of assets they are missing in their specific platform and address it as quickly as possible.
anger business comments director effort express knows opposed personal rest unless wrong
Unless this director knows something that the rest of us don't, I just find his comments inflammatory in an effort to express his personal anger as opposed to anything that could be materially wrong with how the business is being run.