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Technology Stocks : America On-Line (AOL)

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To: Vendit™ who wrote (12897)	4/26/1999 4:14:00 PM
From: one putt	Read Replies (4) of 41369

Hot off the presses - Comcast, AOL May Make Joint Offer for MediaOne, CNBC Says New York, April 26 (Bloomberg) -- Comcast Corp. President Brian Roberts is focusing on a partnership with America Online Inc. as his best hope for a counter bid to AT&T Corp.'s unsolicited offer for MediaOne Group Inc., financial news network CNBC reported, citing unidentified sources ''close to Comcast.'' CNBC said sources told it there is a 50 percent chance for such a joint bid, as AOL would want equal, if not outright control of the combined entity, something Comcast would not want to give up. Neither Comcast or AOL officials would comment on the matter, CNBC said. AT&T made an unsolicited $62.5 billion bid for Englewood, Colorado-based MediaOne last week, which topped Comcast's earlier bid of $56.5 billion. (CNBC 4/26 www.cnbc.com) NYSE/AMEX delayed 20 min. NASDAQ delayed 15 min.

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