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To: CGarcia who wrote (16051)10/8/1999 12:01:00 AM
From: cool  Read Replies (1) | Respond to of 29970
 
Bell on Hindery

forbes.com

NEW YORK. 1:15 PM EDT-The people who work at Excite@Home (nasdaq: ATHM) should be excused from dancing a jig in the halls of their Redwood City, Calif., headquarters today after learning that Leo Hindery, the president and CEO of AT&T's cable unit, announced his resignation this morning.

Over the past few months rumors have been flying fast and furious that AT&T (nyse: T) was looking for a way out of its exclusive cable contract with Excite@Home, and Hindery was seen as the main proponent of such a move. For Excite@Home, his departure is about as sweet as Dorothy's cabin landing on the wicked witch of the East.



To: CGarcia who wrote (16051)10/8/1999 12:13:00 PM
From: gpowell  Read Replies (2) | Respond to of 29970
 
Can you explain what the deal is and how does it benefit ATHM?