Harold Vogel
Harold Vogel
assets building impression key phase pieces point reached
My impression is that Mr. Murdoch has been in a phase of building assets for most of his career, 25 years or so, and he has reached the point where most of the key pieces are in place,
favor mean vote
Just because some of the shareholders get to vote doesn't mean they'll vote in favor of Hilton,
justify question
The question is, will there be enough new advertisers to justify the cost.
million seen
I don't think we've seen the end of it...$300 million may not be enough,
smoothed
He's done it in the right way. He's smoothed all the ruffled feathers.
decent wise
He did it the honorable, wise and decent way,
appreciation clear consider generate giant imagination leap selling sold stock time
It wouldn't be a giant leap of imagination for them to consider selling all of it. Even if they sold all of it, it's not clear that will generate significant stock appreciation for Time Warner.
across advertising almost board certainty cost course economic element four growth length network positive profits raise three time
Probably this will raise the cost of programming across the board for all of the networks, and this is not a positive element for network profits if advertising growth flattens out, which it very well may over the course of three or four years, ... In fact, it is almost a certainty that over that length of time you are going to have an economic slowdown.
ahead business moving stuck technology
Technology is moving ahead with or without them, and if they don't try to find a new business model, they're going to be stuck with the old business, which is in decline.
five shake
Five years from now, we'll have a much better idea of how it will shake out.
gas good higher indication marketing ok period price prices program quite strong
They've come through this higher gas price period quite well. They had a very strong marketing program for Disneyland's 50th anniversary. This will be a good indication that as long as gas prices don't go up too much more, that things will be OK over there.
anyone buy last reason rush sell stock
Altogether, I think it's very solid. I don't see anything that would make someone rush out and buy stock over what they had last night, but at the same time, there's no reason why anyone should rush to sell it either.
care industry media might people
There will be people in the media industry that might not like it, but he shouldn't care about those.
average below build effect entertainment instead major media news pressure raise selling stock trying value
Now, ... instead of sacrificing to build assets, he is in effect trying to raise shareholder value and he was under pressure to do so because News Corp. stock was selling below the average of the other major entertainment and media companies.