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Technology Stocks : Broadband plays- TUNE, AHWY, INF, VDAT, ITVU, RNWK, CBS

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To: Kurt_Ruckus who wrote (1)4/6/1999 12:48:00 PM
From: Jon Stept  Read Replies (1) of 31
 
Hi Kurt- re:"The AOL rumor... is that CBS the network?..."

From what I understand, yes. I am still investigating myself AOL's motivation for such a purchase and have found a few: Infinity's (CBS owns most of them) morphing into a webcaster, journalism/news assets, TV and internet convergence (tcp/ip over TV).

Personally, I don't see AOL purchasing them for those reasons, at least not yet. However, I definitely see AOL as requiring some webcasting mechanism and content, audio and video and that is my reason for getting interested in this sector. Also, I don't think AOL is the only one shopping.

Just my opinion and happy trading!!

Jon :)
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