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Monday, June 20, 2005

Time Warner

As everyone knew AOL has been losing subscriber base very fast.Its total debt is 22.09 billion and Total cash at hand only 7.93 billion. "Batman Begins" is one good reason to currently buy this share. I heard that the movie opened in a good note and is expected to be a huge summer flick. There is enought hype about this movie to keep this stock afloat.
The newly public company Warner Music (WMG:NYSE) is partly owned by Time Warner and this just got a Buy rating from a Bank of America analyst as well as praise from a Goldman Sachs group. Although analyst rating and praise is the not something to brag about, still an analyst coverage at this very period of IPO is something to look upon.

I own shares of Time Warner

Happy Investing!!
-r-

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