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Technology Stocks : America On-Line (AOL)

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To: tang who wrote (5899)2/27/1999 1:03:00 PM
From: RTev  Read Replies (1) of 41369
 
Very good analysis tang. And I agree completely. It wouldn't be good for AT&T or for AOL. I trust the very good management of both companies to see that.

But one thing: AT&T isn't dumping its ISP. Since T will soon have a controlling stake in ATHM, spinning off Worldnet to them would be a way to retain control while enjoying the higher valuations of internet stocks. It's clear that AT&T fully plans to offer internet service as part of a one-stop-shopping package that includes local and long-distance phone calls, cable TV, wireless, and internet connections. It is the symbiosis that makes AT&T an awesome presence: Consider seeing caller-ID pop up on your TV screen while you watch your AT&T cable programming, or flipping over to an Excite page on your TV to get a review of the movies on in the next hour, or reading email on your AT&T Wireless phone while you wait in traffic. It's not an accident that they kept the phone number 1-800-IMAGINE when they bought McCaw Cellular.

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