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...dropped to $20.10--wiping out nearly two-thirds of the market value of the combined companies since their merger was announced in January 2000. Several Wall Street analysts estimate the company's cable, entertainment and publishing divisions (which include CNN, Warner Bros., Warner Music and Time Inc., the parent company of this magazine) are worth about $19 a share. That leaves AOL near zero. When it reports its first-quarter financial results next week, AOL Time Warner will take a write-down of $54 billion--the biggest such charge in U.S. history--to reflect the decline in value...

Author: /time Magazine | Title: The Engine Stalls At AOL | 4/22/2002 | See Source »

...long after the telephone was invented, I assume, a call was placed. The caller was a parent saying, "Your child is bullying my child, and I want it stopped!" The bully's parent replied, "You must have the wrong number. My child is a little angel...

Author: /time Magazine | Title: Tough Kids, Tougher Calls | 4/22/2002 | See Source »

Meanwhile, if you get a call from a parent who is angry about your child's bullying, listen without getting defensive. That's what Laura McHugh of Castro Valley, Calif., did when a caller told her that her then 13-year-old son had spit in another boy's food. Her son had confessed, but the victim's mom "wanted to make sure my son hadn't given her son a nasty disease," says McHugh, who apologized and promised to get her son tested for AIDS and other diseases. She knew the chance of contracting any disease this...

Author: /time Magazine | Title: Tough Kids, Tougher Calls | 4/22/2002 | See Source »

...haven’t lost a single significant purchase. What’s the moral of the story? One could say I just proved Summers point: I care about the coats I paid for more than those my mother bought me. But that ignores the nuances of the parent-child fiscal relationship, as well as the value of education...

Author: By Meredith B. Osborn, | Title: The Value of Education | 4/19/2002 | See Source »

...think that having kids late seems almost selfish,” Brennan said. “I think it would be hard to be an older parent because it would be so difficult to be active and have fun with your kids. Not even to mention that it is wonderful to have kids at thirty because then you can still enjoy life with your spouse when you?...

Author: By Angie Marek, CRIMSON STAFF WRITER | Title: The Wedding Planners | 4/18/2002 | See Source »

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