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