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Microcap & Penny Stocks : TGL WHAAAAAAAT! Alerts, thoughts, discussion.
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To: dkgross who wrote (90592)8/21/2001 11:42:18 AM
From: originunknown  Read Replies (2) of 150070
 
This part of their latest NR gets my attention. AT&T is a huge financial backer of ATHM.

The plunging stock price raises the possibility of a takeover of the company, especially with majority
stakeholder AT&T Corp. trolling for buyers for its AT&T Broadband business, which includes the
@Home holdings. According to InternetNews.com sister site ISP-Planet, cable ISPs place a value
of $450 on each subscriber, and @Home leads the pack with 3.3 million. That puts the value of
@Home's subscribers at about $1.4 billion.
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