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A NEW NET EQUATION

机译:一个新的净方程

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摘要

One lesson of the AOL Time Warner deal: Profits matter after all. First came the explosion. After America Online Inc. and Time Warner Inc. announced plans to merge on Jan. 10, their combined market capitalization plunged by $10 billion in three days. AOL shareholders howled that they would be saddled with a slow-growing old media company, while Time Warner stalwarts questioned the value of shares in a brazen young company that not so long ago was derided as America Offline. The collision of Internet believers and skeptics was a little like the interaction of matter and antimatter: blammo.
机译:AOL时代华纳交易的一个教训:毕竟,利润至关重要。首先是爆炸。美国在线公司和时代华纳公司于1月10日宣布合并计划后,它们的总市值在三天内暴跌了100亿美元。美国在线(AOL)的股东大声疾呼,他们将为一家成长缓慢的老媒体公司感到不安,而时代华纳(Time Warner)的坚定人士质疑这家年轻的公司的价值,该公司不久前被美国离线公司(America Offline)嘲笑。互联网信徒和怀疑论者之间的碰撞有点像物质与反物质的相互作用。

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