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Non-Tech : Amati investors

AMTX 2.095

+19.0%

Nov 7 9:30 AM EST

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To: pat mudge who wrote (30983)	6/24/1998 4:52:00 PM
From: NYBellBoy	Read Replies (1) of 31386

Pat - Wednesday June 24, 3:45 pm Eastern Time AT&T clarifies TCI deal value NEW YORK, June 24 (Reuters) - AT&T Corp. (T - news) clarified Wednesday that its deal with Tele-Communications Inc. will cost $48 billion in stock and assumed debt. Earlier, AT&T chairman C. Michael Armstrong had said the deal was worth $68 billion. AT&T explained that the $68 billion figure included a value of $20 billion placed on TCI's Liberty Media Corp. (LBTYA - news) programming arm. AT&T will not have to pay any additional money for Liberty or its tracking stock. AT&T explained that the tracking stock ''tracks financial performance of a specific business unit, division or subsidiary of a corporation.'' __________________________________________________________________ So please don't confuse the AT&T Chairman with details, like is it $68 Billion or $48 Billion. Malone already has them so confused, just wait. :0 Mouhahahahahahah BellBoy

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