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Technology Stocks : How high will Microsoft fly?
MSFT 485.49+1.8%Nov 26 3:59 PM EST

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To: Sir Francis Drake who wrote (22157)5/5/1999 3:26:00 PM
From: Teflon  Read Replies (1) of 74651
 
Lock and load, folks:

"AT&T cemented its position earlier with its winning $54 billion cash and stock bid to take over MediaOne. Microsoft has been hovering in the shadows since last week, when it signed a confidentiality pact giving it access to MediaOne's financial records, spurring speculation it might enter the takeover battle alone or on Comcast's side.

Microsoft's shrewd maneuvering could give it a position of dominance in the broadband world approaching its dominance in desktop computers, said Scott McAdams, president of Seattle-based brokerage McAdams Wright Ragen.

''This is for all the marbles,'' he said. ''If they get AT&T -- and it sounds like they're going to get in there -- then they've won.''

Teflon
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