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Re: hellogeorge1 post# 3750

Thursday, 03/02/2006 12:46:52 PM

Thursday, March 02, 2006 12:46:52 PM

Post# of 10404
I would be very surprised to see an LOI announcement. If as many of us suspect here that the deal is with HBO and hence Time Warner, and since we have been told I think that it will be a joint announcement, I just don't see an LOI announcement. You announce when the deal is done. Big public companies just don't announce LOI's about small deals. And even though this is a big deal to us, it isn't to TW. And my guess is that their lawyers are squashing any chance of Billy Martin being able to announce such a deal (LOI) before it is finalized. If Doug says a deal will be announced soon, my guess is that an LOI is in hand. This is just a guess. Small pinkies announce LOI just to generate excitement. Don't forget also that you gotta a lot of red tape with stuff like this. First you gotta get the deal signed. After that, I'm sure it's gotta go through their PR deparment which is probablly like a black hole. I wouldn't be surprised if the deal was done and it would still take a couple of weeks to get it officially announced.