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To: Jan Crawley who wrote (61777)	6/10/1999 3:42:00 PM
From: Sarmad Y. Hermiz	Read Replies (2) \| Respond to of 164684

Hi Jan, I tried to short 100 eBay at 186. No fill. Just sitting with my old positions. Raised a little more cash today by selling sci, lsi, veco and de.

To: Jan Crawley who wrote (61777)	6/10/1999 3:43:00 PM
From: Tradegod	Read Replies (2) \| Respond to of 164684

Does anyone have a clue what lit this fire? Seems like a coordinated effort.

To: Jan Crawley who wrote (61777)	6/10/1999 11:06:00 PM
From: Glenn D. Rudolph	Respond to of 164684

Deutsche Telekom eyes cable TV sales-FT interview LONDON, June 11 (Reuters) - German telecoms group Deutsche Telekom <DTEG.F> hopes to sell its stakes in some of its extensive but loss-making cable television operations by the end of 1999, the Financial Times reported on Friday. Ron Sommer, Deutsche Telekom's chairman, told the British newspaper in an interview that he expected content providers would be among those interested in taking stakes in the group's cable operations. Sommer was in London on Thursday to meet fund managers, aiming to drum up support for Deutsche Telekom's $10.43 billion secondary share offering. Sommer declined to comment to the FT on the identity of possible bidders for its cable operations but he said some companies might acquire stakes of "about 25 percent" in one or more of the regional units. Deutsche Telekom has broken its 17 million subscriber cable TV system into nine regional companies and plans to sell stakes to strategic partners who can upgrade the system to offer Internet access, digital TV and basic phone service. The phone company plans to keep at least 25 percent of the regional units to prevent them from turning into competitors. Microsoft Corp <MSFT.O> and media giant Bertelsmann AG <BTGGga.F> said last month they were interested in making a joint bid for some of the regional systems. Sommer said Deutsche Telekom was under no pressure from regulators in Brussels to sell its cable business. "Nobody can and nobody will force us to sell the cable (business)," he said. He confirmed the company was still interested in making acquisitions in the telecoms sector but declined to name any targets. "There is no acquisition candidate on earth with which we are not linked," he said. The FT reported on Friday that five bidders, including Deutsche Telekom, had emerged for British mobile phone operator One2One, which has been put up for sale by joint owners cable and Wireless <CW.L> and MediaOne International <UMG.N>. Sommer reiterated Deutsche Telekom's interest in the Italian telecoms market despite the collapse of its planned $81 billion merger with Telecom Italia <TIT.MI>. In the FT interview he indicated the company's relationship with France Telecom <FTE.PA> was undergoing a radical rethink. "I'm not going to throw away 10 years of partnership (with France Telecom) but in the business world we have to keep repositioning ourselves," he said.