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Technology Stocks : ANTEC Corp. (ANTC)

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To: ET who wrote (218)	1/3/1998 8:59:00 AM
From: Judy Muldawer	Read Replies (1) of 847

Looks as though Microsoft is being very non-committal about this. Read on: Microsoft Corp. is reported planning to announce it's making a $1 billion investment in cable-giant TeleCommunications Inc. Details are set to be revealed at the Consumer Electronics Show in Las Vegas next week, according to Bloomberg news. Reports the two companies' were having discussions surfaced several weeks ago, with Intel also suggested as a partner in the development of the next-generation cable boxes which could deliver cable television, the Internet, and other data services. TCI would use the Microsoft investment to upgrade its network with the new boxes, the Bloomberg report said. A spokesman for Microsoft refused comment on the story, saying, "This sounds very much like a rumor."

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