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Technology Stocks : Jimbo's Playhouse/CPQ -- Ignore unavailable to you. Want to Upgrade?

To: Night Writer who wrote (4159)	9/14/1999 9:01:00 PM
From: Richie	Read Replies (1) \| Respond to of 12663

NW!, Hope all is well, the day job has been extrodinarily tough the past few weeks. How is that wall going? I've missed chatting on SI for a few months now. Did you ever pick up any ATHM.......now may be a good time, don't know if this is true or has any validity, but when the rest of the public gets a whiff, it should be good for a few points (20% - perhaps)! Rich September 14, 1999 5:33 PM What's Brewing at Excite At Home? By Cintra Scott YAHOO! (YHOO), eBay (EBAY) and Amazon.com (AMZN) all lit up our Map of the Market today. And America Online (AOL) rebounded in the afternoon after making an upbeat presentation at SG Cowen's technology conference. But it was Excite At Home (ATHM) that led the sector from the get-go, finishing the day with a 3.3% gain. And some are wondering if there's more there than meets the eye. Seems investors initially were cheered by an upbeat note from BancBoston Robertson Stephens analysts Keith Benjamin and Michael Graham. The two analysts told investors that Excite At Home is "in a strong position strategically, operationally and politically" -- meaning its broadband, cable-centric business plan is currently sitting pretty relative to posturing from AOL. They predicted that the stock will return to its old high -- that is, 154% above its current price of $39. Then again, they said the same thing last month, too, and at the moment they don't even have a rating on the stock. Ordinarily, we would have spoken with Benjamin or Graham to get some details on their report. But as it happens, BancBoston Robertson Stephens is currently working on a financial deal with Excite At Home. Could it be a merger, spinoff or secondary offering? Robbie Stephens spokesperson Erin Freeman couldn't talk about it, citing SEC regulations. Now, it just so happens that AOL is seeking approval to more than triple its outstanding shares. According to a preliminary proxy statement filed yesterday, the company is asking its shareholders to allow the company to raise its share count from 1.8 billion to six billion, which AOL said would give it "flexibility" to consider acquisitions. Needless to say, message board mavens took these pieces of information and blew them into speculation about a blockbuster Internet merger between erstwhile enemies AOL and Excite At Home. It's a stretch, but then again, the combination would give AOL the coherent cable-access strategy it lacks. And all those AOL lobbyists could quit pestering Excite At Home and AT&T (T) to open up AT&T's extensive cable systems