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Technology Stocks : AUTOHOME, Inc
ATHM 23.41+1.5%Dec 22 3:59 PM EST
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To: FR1 who wrote (29495)11/30/2001 9:42:40 PM
From: FR1  Read Replies (1) of 29970
 
At Home Position:

corporate-ir.net

Excite@Home Responds to Bankruptcy Court Ruling
REDWOOD CITY, Calif., Nov 30, 2001 /PRNewswire via COMTEX/ -- Excite@Home announced today that the U.S. Bankruptcy Court for the Northern District of California granted the Company's motion to reject the master distribution agreements with its cable company customers because the agreements are financially unfavorable to the company.
Once rejected, the cable companies must negotiate new agreements acceptable to the company or risk the possibility that the @Home service may be terminated.
Excite@Home urges @Home subscribers to contact their cable companies for further information about their @Home network services.
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