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Technology Stocks : UMG - MediaOne Group

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To: David Lee who wrote (847)5/6/1999 1:51:00 PM
From: TheSlowLane  Read Replies (2) of 891
 
.95 shares of T and $30 cash for each UMG share. MSFT is offering to buy $5 billion of T stock if they can have control of the cable set-top boxes. So far, it looks like T is amenable, but I don't think any benefits will accrue to the shareholders directly. Unless you call running Windows CE in your set-top box a benefit. Sounds more like an abomination to me. I'd vote for Java in the set-top , myself.
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