"Arthur Newman" was an American operatic baritone and actor. He began his career as a stage actor in St. Louis in the early 1930s and in 1939 began an opera career. He was notably a member of the New York City Opera between 1945 and 1959 during which time he performed in more than 1,300 performances with the company in over 50 roles.

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This is a logical, rational reaction to a complex structure, ... It's a good move because there's been an overhang on the stock because of the open cable issue and contract expirations.

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In the past, they have beaten earnings estimates somewhat spectacularly.

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A little bit like the election.

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I think the old rules still apply. The company's value is related to its cash flow.

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We expect the current gap between Lycos' closing price and the $97.55 [a share] acquisition [price] to tighten and see few catalysts until the deal closes.

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It's a tough retailing environment.  The real question is have they been able to pull back a bit on the cost structure? ... Can we read enough into this quarter to gain enough confidence to expect they will break even in the fourth quarter?

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I think it's totally insignificant to AOL. At this point, Microsoft has more to gain from this discussion than AOL does.

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This makes it easier for management to respond more nimbly. It also makes it less likely for any spin-offs and will help them create a new structure when their cable contracts start to expire beginning in 2002.

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I don't think they really need Windows XP distribution, ... They already have deals with the four largest PC manufacturers, and that will give them the means of getting onto the desktop anyway, without having to do a deal with Microsoft.

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