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Technology Stocks : AUTOHOME, Inc
ATHM 24.08-3.1%Nov 14 9:30 AM EST
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To: Ilaine who wrote (2618)8/3/1998 5:39:00 PM
From: David Harker  Read Replies (1) of 29970
 
>What does @Home offer that say, ATT&T Worldnet can't,
>when AT&T is on cable?

AT&T Worldnet can't be "on cable" without any access to the
other end of that cable coming out of a house. The other
end of any cable coming from a house goes to the cable company.
A group of these cable companies, serving about half of the
cable-wired homes in the USA, got together to form ATHM, and
still own most it. TCI was the ring-leader of this group, and
owns 40-some % of ATHM as a result.

If AT&T successfully buys TCI, then IT will own that
40-some % of ATHM. So, when "AT&T is on cable" it will
only be through the ATHM service.
So, your question is circular - "what does ATHM offer that
AT&T Worldnet can't, when AT&T offers ATHM?" is what you are
really saying...
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