Comcast doesn't have the vast array of content that AOL has. But [the merger] may call for the sale of particular cable systems.

Comcast doesn't have the vast array of content that AOL has,

$750 million is a decent chunk of change, and AOL Time Warner is trying to pay down debt, so this would help a little bit from that perspective, ... But with all of AOL Time Warner's issues, the antitrust case was not front and center.

It is interesting that you have a vast array of documentation, including the format, from some kind of memo to a very detailed appraisal.

You will see more integration of AOL content and services within the browser toolbar. You may see, for instance, an Instant Messenger button within Navigator. But Microsoft will be doing the same thing, integrating its portal content into its browser. I don't see this deal greatly improving Navigator's market share.

You need to know what's for sale and what isn't. Allowing [ads and editorial content] to get blurred, however you do it, is in the long run inimical to a newspaper's reputation - and probably to its business.