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Technology Stocks : THE NEW LIBERTY MEDIA GROUP (NYSE: LMG.A and LMG.B)

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To: Jill Collins who wrote (29)4/6/1999 8:14:00 PM
From: Jill Collins   of 375
 
DEAL WITH GENERAL INSTRUMENT CORP.

John Malone is following through on his vow to extend Liberty Media's reach to all sectors of the global telecommunications and multimedia industries.

Liberty Media has purchased 10 million shares of General Instrument Corp. raising its stake in General Instrument from 12 percent to 18 percent. Liberty Media will become the largest investor in General Instrument. General Instrument's cable TV set-top boxes merge the capabilities of TV sets, computers, the Internet, e-commerce and the telephone.
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