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Monday, October 23, 2006

Comments

Yaser Anwar

TWX management is finally making the right steps:

1) Increasing Dividends

2) Selling of its subscription businesses

3) The board also agreed to seek out an additional $500 million of cost savings by the end of 2007, raising its total cost cutting target to $1 billion over the next 22 months.

The management has finally come to its senses and is making the right moves. We should see a pickup in the stock if they stay on this track

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