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Technology Stocks : COMS & the Ghost of USRX w/ other STUFF
COMS 0.00130-18.8%Nov 7 11:47 AM EST

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To: DMaA who wrote (16294)6/24/1998 10:50:00 AM
From: Moonray   of 22053
 
AT&T agrees to buy TCI for $32 billion
Associated Press - Posted at 7:41 a.m. PDT Wednesday, June 24, 1998

NEW YORK -- AT&T Corp. is buying cable television giant
Tele-Communications Inc. for $32 billion in a bold step that would give
the long-distance company access to millions of homes to offer local
telephone service and high-speed Internet access.

The all-stock transaction would allow AT&T to reach TCI's more than
13 million cable customers across the United States and make good on
AT&T chairman Michael Armstrong's promise to beef up the
company's weak spots and branch out into new telecommunications
businesses.

sjmercury.com

o~~~ O
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