If we are able to conduct such a due diligence review, we believe that we may be in a position to make an offer for the entire company at a substantially increased price.
particularly important at Time Warner because of the difference of opinion between many large shareholders and management concerning the direction of the company and the lack of share price performance under current management.
We continue to believe that Time Warner's stock is greatly undervalued and that the company is in need of a major restructuring,
is greatly undervalued and that the company is in need of a major restructuring.
Without question, this company should do away with Columbus Circle.
Doing this AOL deal is on the way, but not enough, to enhancing shareholder value at Time Warner, ... It proves my point that there is a great deal of unrealized value here. The best investment the company can make is in their own stock at this time.