Cost cutting anyone can do. That's not going to save AOL.
More Quotes from Bill Fries:
It certainly is not a blessing for managed-care companies.Bill Fries
The December meeting and their plan is pretty important. If they don't show the requisite amount of creativity, the market is not going to treat them kindly.
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It's a fair price only if you believe Citigroup is an average company. I think it's an above-average company. That's why they're everywhere.
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In order to pay it's got to be a pretty big winner. But if it's a big hit from a financial standpoint, then next year you've got a very tough comparison.
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I'm not really focused quarter-to-quarter. I'm really focused on the secular trends. And I'm encouraged that the AOL subscription business looks like it's holding together, and they're keeping their market share.
Bill Fries
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What is right to be done cannot be done too soon.
Jane Austen