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Technology Stocks : AUTOHOME, Inc
ATHM 22.19-4.6%2:15 PM EST

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To: ERM who wrote (2946)10/26/1998 9:04:00 AM
From: ERM  Read Replies (1) of 29970
 
FYI: cbs.marketwatch.com

Excerpts:

NEW YORK (CBS.MW) -- America Online is prepared to offer its service
across any platform in the coming age of broadband, high-speed Internet access, new CFO J. Michael Kelly said on Thursday.

AOL is still talking to all broadband providers, but Kelly's comments suggest the company can remain unaligned. That's significant because of the level of positioning taking place in the industry.

"We will be the biggest buyer of connectivity," he said. In the near future, there will be "a lot activity and consolidation, and the best capitalized companies will have the best opportunity on the Internet," Kelly said.

He indicated that the company is prepared to file comments to the
Securities and Exchange Commission on the pending merger between
AT&T and Tele-Communications Inc. (TCOMA) to ensure that Internet
portals get open access to consumers.

"We believe there should be open access for broadband," he said. "We will probably have comments."
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