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Technology Stocks : Altaba Inc. (formerly Yahoo)
AABA 19.630.0%Nov 6 4:00 PM EST

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To: scott harrison who wrote (3769)12/6/1997 6:55:00 PM
From: Bill Harmond  Read Replies (2) of 27307
 
@Home is the California-based Internet service provider, funded by TCI, Cox, Rodgers, Comcast, InterMedia, Marcus, Cablevision, Intel, and venture-capitalist Kleiner Perkins Caufield & Byers (of Netscape fame), that has a 5-year exclusive deal to offer very-high speed Internet access to over a little more than half of US cable homes. They currently have something like 40,000 subscribers (at about $40 per month) and the numbers are doubling roughly every quarter. They offer Internet access to businesses also.

home.net

It's another Bill Wexler short, though Intel had no problem investing $10 million in it at 1200x sales last spring. :)

Morgan Stanley has a two-year price target on it of $30.

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