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Technology Stocks : UMG - MediaOne Group

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To: Mark Palmberg who wrote (861)	5/9/1999 8:41:00 PM
From: Herc	Read Replies (1) of 891

I went to the UMG website and discovered they have 2.6 million cable subscribers in Europe totalling 7.7 million subscribers in total divided into 52 billion = $6848/subscriber. Of course they have some other businesses. BUT IS AT&T really interested in the European subscribers or their other businesses, or do they just want their U.S. subscribers? And if cable can also double as phone and internet access then old cable subscriber evaluations may be obsolete. I read Comcast is paying AT&T $4500 per subscriber as a consolation prize. Interesting valuations here! ANY LONG TIME GURUS KNOW THE HISTORICAL AVERAGE BUYOUT PRICE PER CABLE SUBSCRIBER?

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