PC Sector Round Table Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : PC Sector Round Table

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Yogi - Paul who wrote (1743)	5/6/1999 10:57:00 AM
From: Mark Oliver	of 2025

Interesting story on Microsoft/T deal. I had been wondering where they would get the shares. It's a convertible deal. M gives T $5 billion and they can eventually convert for 102.5 million shares which means they get them for 48 3/4 which ain't such a bad deal. I wonder if the converts pay a dividend? Don't think I'd stand much of a chance playing bridge with Mr. Bill. Regards, Mark Microsoft, Ma Bell strike cable deal Software king to invest $5 billion; may eclipse Sun By Brenon Daly, CBS MarketWatch Last Update: 10:09 AM ET May 6, 1999 Tech Report NEW YORK (CBS.MW) -- Shares of AT&T gained 7 percent Thursday after Microsoft announced it agreed to team up with Ma Bell to promote the rollout of advanced electronic services for the home, such as high-speed Internet and interactive television. Under the deal, Microsoft will purchase $5 billion in convertible AT&T debt, which can later be translated into 102.5 million Ma Bell shares. In return, AT&T has agreed to boost its use of Microsoft's Windows CE software for the TV settop boxes that will control the new advanced services. See press release. cbs.marketwatch.com Regards, Mark

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next