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Technology Stocks : America On-Line (AOL)

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To: John F. Dowd who wrote (14321)	5/2/1999 9:59:00 PM
From: Out_of_the_Trap	Read Replies (1) of 41369

I don't see the incentive for MSFT to get involved This may shed some light on it: sjmercury.com Posted at 8:56 p.m. PDT Friday, April 30, 1999 AOL, Microsoft may back Comcast in MediaOne battle New York Times Microsoft has almost $22 billion in cash on hand, but does not seem to have an obvious strategic reason to go to war against AT&T. Microsoft would like to sell software for high-speed Internet connections, but Microsoft and AT&T could find many mutually profitable ways to work together. Microsoft has invested $1 billion in Comcast, but that alone would not seem reason enough to make a strategic enemy of AT&T. OT

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