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Technology Stocks : AUTOHOME, Inc
ATHM 23.41+1.5%Dec 22 3:59 PM EST

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To: Jing Qian who wrote (8635)4/26/1999 2:40:00 AM
From: RTev  Read Replies (1) of 29970
 
[to thread]

It's always interesting to see the local reaction to stories like the T/UMG merger. Comcast is based in Philadelphia. Earlier, the link to the Philly take was posted. Both AT&T's new Broadband division and UMG are based in a Denver suburb (no, not that one, but close). Here's what Denver's media has to say:
rockymountainnews.com

Comcast Corp. will be hard-pressed to beat AT&T's $62.5 billion offer in the bidding war for Arapahoe County cable giant MediaOne Group Inc., investors and analysts said last week.

In a contest of deep pockets, Comcast is no match, especially given AT&T's willingness to pay a premium in its quest to deliver local telephone service via the television cable.


The ATHM/RR aspect of the merger isn't mentioned, but then, ATHM is a California company, so one should look to the Mercury News for that, and they haven't addressed the issue yet.
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