Eugene David ...The One-Minute Pundit |
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Thursday, March 30, 2006
The BIG C isn't the only place where they POUND THE TABLE:
Having worked with AOL in a period when the company went from 1 million subscribers to 40 million, I find MySpace’s growth to be uncannily similar.... News Corp. has a market cap of $53 billion, a figure that hasn’t changed much in two years. Its stock has traded in a channel between $15 and $19, and in a pattern that must have made "swing traders" good profits. In short, News Corp. has been going nowhere for two years. Does the market realize the implications of News Corp.’s purchase of MySpace? Possibly. The TWXSTERS were once worth $90 A SHARE.
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