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Technology Stocks : America On-Line (AOL)

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To: Lee Martin who wrote (13854)4/29/1999 2:18:00 AM
From: Al  Read Replies (1) of 41369
 
Per Bloomberg - 04/29/99 2:05am ET:

America Online Inc. (AOL): The No. 1 online service is likely to pair with cable-television operator Comcast Corp.(CMCSA) to outbid AT&T Corp. (T) in a fight to purchase smaller rival MediaOne Group Inc. (UMG), analysts say. AOL fell 10 to 143. Comcast fell 3 to 63 1/4. AT&T rose 1 3/16 to 54 3/16.

If this holds true, only time and money will tell if MediaOne accepts. Everyone knows that AOL will then go through the roof if it and CMCSA takesover MediaOne - the broadband access (Roadrunner) that everyone's been looking for in AOL...
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