Subject: RE: Time Warner
From: [email-masked]
To: [email-masked]
Cc: [email-masked], [email-masked], [email-masked], [email-masked], [email-masked]
Date: Tue, 1 May 2001 04:44:00 -0700 (PDT)

So was his angle, the shareholders should take the $175 and run?

	Dylan Windham <[email-masked]>
	05/01/2001 11:39 AM
		 
		 To: "Guinney, Mark" <[email-masked]>, 
"\"[email-masked]\" " <[email-masked]>, 
"\"[email-masked]\" " <[email-masked]>
		 cc: "\"[email-masked]\" " <[email-masked]>, 
"\"[email-masked]\" " <[email-masked]>
		 Subject: RE: Time Warner

Remember, we wrote it from the selfish standpoint of the Time CEO.

At 09:14 AM 05/01/01 -0400, Guinney, Mark wrote:
>Seeing as our recommendation in the memo was counter to everything our
>beloved
>professor supported, it will be interesting to see how he grades us on this
>one.
>
>**********************************************
>Mark D. Guinney, CFA
>Consultant
>Watson Wyatt Investment Consulting
>345 California Street, Ste. 1400
>San Francisco, CA  94104
>(415) 733-4487 ph.
>(415) 733-4190 fax