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January 07, 2005

Can AOL return to greatness in 2005?

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Posted by Dominic Basulto

Every time I pass the new Time Warner Center at 10 Columbus Circle, I think about AOL and what might have been... With that in mind, The Internet Company That Time© Almost Forgot takes a closer look at whether AOL can rebound to greatness in 2005: "In the minds of many investors and analysts, AOL had become a has-been of the Internet era -- a rotting carcass ready to be picked over by corporate vultures. But Time© did not forget. Now, nearly five years ago to the day the ill-fated merger was announced, Time Warner's AOL unit could be on the verge of an epic comeback..." To read the full article, be sure to check out Tech Central Station, the place where free markets meet technology.

There's more about the Time Warner turnaround story at Forbes where investment manager George Putnam recommends purchasing Time Warner at $25 a share (the company's stock is trading at around $19 now).

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