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Technology Stocks : athm - at home corporation

ATHM 24.25

+1.6%

Dec 12 9:30 AM EST

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To: David R. Doerr who wrote (36)	7/12/1997 2:51:00 PM
From: David R. Doerr	of 94

Intel buys small stake in At Home Reuters Story - July 11, 1997 17:46 PALO ALTO, Calif., July 11 (Reuter) - Intel Corp. made on investment of less than $5 million in high-speed Internet access provider At Home Corp at the offering price of $10.50 a share, sources familiar with the transaction said. One of the sources said the investment involved "a few hundred thousand shares" and was handled at the opening of the stock's debut on the public market. A spokesman for Intel said the company does not comment on investments it makes, unless they are material to the company in which it is investing. But he did say Intel has been involved in a dialog with At Home since it began in 1995. "We have a close relationship with the cable industry at large and we have an evolving relationship with At Home," said Intel spokesman Tom Waldrop. "We have been involved with At Home in a dialog pretty much since the beginning."

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