AOL TW Posts Nearly $100B Loss for 2002

[Grasshopper27]

*cough*

This is like 5% of the entire Federal Budget. It is nearly 1/3 of what we spend on our military. It is what Bill Gates and Warren Buffet are worth!

Sheesh that's a lot of money.

/me wonders if Ted Turner might not have pocketed some of that cash

Fox

Hopper

EDIT: The full-year loss exceeded the gross domestic product of Egypt in 2001!!

 

[Hamburgerpimp]

FUCKAOL

 

[N8Magic]

They must have some SUPER line of credit to be able to delve that far into the red.

A loss like that would sink alot of companies. How do they ever expect to pay off debt like that?

 

[KokomoGST]

"8.0, now better than ever!!"

At what?? Having features even Unix email clients had when people were using the term "information superhighway"
Oh well, time to acquire yet another company to artificially inflate their stock again...

 

[MaxDSP]

Originally posted by: N8Magic
They must have some SUPER line of credit to be able to delve that far into the red.

A loss like that would sink alot of companies. How do they ever expect to pay off debt like that?

by sending out more AOL cds

 

[MichaelD]

$100B?

How many dollar bills (what I get paid in...) exactly, are in that much money? I don't know of very many people that can actually count that high..I can't.

I find it difficult to feel sympathy for any megacorpacommunisticcompany that can "Post a loss" of One Hundred Billion Dollars. I mean, damn, my "portfolio" is not even worth five figures. Not anymore anyway....after the war it will be again. <--hoping

 

[Zorro]

Originally posted by: N8Magic
They must have some SUPER line of credit to be able to delve that far into the red.

A loss like that would sink alot of companies. How do they ever expect to pay off debt like that?

The new 8.0 Is the cure.

 

[Grasshopper27]

Originally posted by: MichaelD
$100B?

How many dollar bills (what I get paid in...) exactly, are in that much money?

Well, I'd guess it would be 100 billion dollar bills.

<insert required Dr. Evil quote here>

I find it difficult to feel sympathy for any megacorpacommunisticcompany that can "Post a loss" of One Hundred Billion Dollars. I mean, damn, my "portfolio" is not even worth five figures. Not anymore anyway....after the war it will be again. <--hoping

It's absurd, I can't imagine how they spend that much, it is just absurd...

Hopper

 

[Evadman]

and the stock is up 2.2% on the news

 

[PAB]

Its a sad day when the 6% the electric company pays AOL for their meter deposit outperforms their corporate balance sheet.

-PAB

 

[Grasshopper27]

Originally posted by: PAB
Its a sad day when the 6% the electric company pays AOL for their meter deposit outperforms their corporate balance sheet.

-PAB

Pab, they should have given you the $100 Billion, you probably would have turned it into $1 Trillion in a month!

Hopper

 

[Zebo]

Proof Asians are smarter.

 

[dahunan]

This sounds like an Accounting SCAM to me.

Taiwan Dollar is about 30:1

 

[Anubis]

[nelson] HAHA [/nelson]

 

[PAB]

Originally posted by: Grasshopper27

Originally posted by: PAB
Its a sad day when the 6% the electric company pays AOL for their meter deposit outperforms their corporate balance sheet.

-PAB

Pab, they should have given you the $100 Billion, you probably would have turned it into $1 Trillion in a month!

Hopper

Ih, Maybe. I would have done a WalMart if I had that kind of money.

Step one: Buy AT&T.
Step two: Buy MCI Worldcom
Step three: Buy Sprint
Step four: Spend tons of money on servers and monopolize dialup internet market by charging $5/mo for unlimited dialup.
Step five: Buy up all other US Telco's.
Step six: After driving competition out of business, charge normal $20 a month and limit to 500 hours. Also: make cable and phone hookups compulsory and charge through the nose for it.

-PAB

 

[T2T III]

/me wonders if Ted Turner might not have pocketed some of that cash

I don't think it was Ted's fault. I'd start by checking out their CFO, accounting department and auditors. :Q