Hi @SteveCase - What do you think? Is this accurate? --> The Rise And Fall Of AOL - written by @AlleyInsider #fb

What's AOL going to be worth once Time Warner spins it off? Today, two Wall Street analysts -- JP Morgan's Imran Khan and Pali's Rich Greenfield -- figured that the new AOL's valuation would be around $4 billion, assuming no net debt.

That's less than the $5.7 billion valuation that Google and Time Warner assigned it earlier this year when Google sold back its AOL stake. And it makes the dot-com bubble-era valuations -- north of $161 billion -- look very silly.

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