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Technology Stocks : (LVLT) - Level 3 Communications

LVLT 53.63

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Nov 1 5:00 PM EST

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To: Scotsman who wrote (1909)	4/22/1999 5:29:00 PM
From: Kevin G. O'Neill	Read Replies (2) of 3873

AT&T Bids For MediaOne, Topping Offer From Comcast... Reuters... Message 9086993 To: Kevin G. O'Neill (370 ) From: Pierre Borczuk Thursday, Apr 22 1999 5:17PM ET Reply # of 371 Just heard that ATT going for MediaOne 58 billion offer...this will rock the sector , including RCN...maybe RCN next takeover by someone Pierre techstocks.com To: Mark Palmberg (815 ) From: John F. Dowd Thursday, Apr 22 1999 5:07PM ET Reply # of 818 ATT bidding approx 87/share for mediaone! Trading 81 on Instinet per CNBC at 5:06 [Hmmmnnn... ...I wonder where "T" got the idea that it would be nice to have a decent cable footprint? -kgo] EDIT... dailynews.yahoo.com Thursday April 22 5:25 PM ET AT&T Bids For MediaOne, Topping Offer From Comcast NEW YORK (Reuters) - Long distance and cable television giant AT&T Corp. (NYSE:T - news) Thursday offered to buy cable company MediaOne Group Inc. for $58 billion in cash and stock, in an attempt to break up MediaOne's proposed merger agreement with Comcast Corp. (Nasdaq:CMCSA - news) AT&T, which recently acquired Tele-Communications Inc. (Nasdaq:TCOMP - news) for $55 billion, said its offer represents a premium of 17 percent, or $8.6 billion, over the current value of Comcast's offer and 26 percent over MediaOne's current trading price.

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