Market Gems:Stocks w/Strong Earnings and High Tech. Rank Message Board

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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank

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To: Susan G who wrote (36962)	4/28/1999 2:16:00 PM
From: Northern Cougar	Read Replies (1) of 120523

ATHM set to split 2 for 1 for June 2.. Wednesday April 28, 12:39 pm Eastern Time AtHome, Excite deal has US okay, set to close May NEW YORK, April 28 (Reuters) - High-speed Internet access firm AtHome Corp. (ATHM - news) said Wednesday the U.S. government cleared its $6.7 billion acquisition of Web search and directory company Excite Inc. (XCIT - news) and the deal is set to close in late May. In a statement, the company said the deal, announced Jan. 19, received antitrust clearance from the Department of Justice and the Federal Trade Commission. AtHome and Excite have said the deal is aimed at building an online media network which offers consumers high-speed Web access via personal computers, televisions or other devices. The merger is expected to close immediately after its approval by Excite and AtHome stockholders in meetings scheduled for May 28. AtHome stockholders will also be asked to vote on a two-for-one stock split with a June 2 record date. :) N.C.

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