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Technology Stocks : AUTOHOME, Inc
ATHM 23.27+0.8%Dec 30 3:59 PM EST

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To: E. Davies who wrote (15787)9/30/1999 11:11:00 PM
From: Solid  Read Replies (1) of 29970
 
Eric,

<Both the statements and the newspaper report appeared to contradict comments by Leo Hindery, chief executive of AT&T's broadband and Internet services business, who denied Wednesday AT&T was in talks to sell its stake in ExciteAtHome to AOL.

"There have been no discussions underway whatsoever," he had said in a Reuters interview at the time. "I typically don't comment on things of that sort. But when it's absurd, I do." Hindery heads AT&T's cable TV operations and as such plays a key role in the company's ties to ExciteAtHome. He had emphasized: "There are no discussions underway to split the company between its content and distribution activities."

An AT&T spokeswoman declined to comment when asked to reconcile Hindery's comments and the company statement. She also declined to comment on the newspaper report that AT&T had proposed to split ExciteAtHome.>

After the press conference, a source close to the AT&T spokeswoman (standing next to her) did over hear her ask an associate to find out who let Hindery out without permission and to find out how long he had been going without his thorazine. <g>

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