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Technology Stocks : COM21 (CMTO) -- Ignore unavailable to you. Want to Upgrade?

To: J Fieb who wrote (1482)	1/10/2000 11:32:00 PM
From: DBrian	Respond to of 2347

I own AOL and should have sold it and bought TWX. I really didn't have time to read up and absorb the whole deal until I got home from work. A contract announcement with TWX sure wouldn't hurt CMTO right now :). DB

To: J Fieb who wrote (1482)	1/11/2000 1:11:00 AM
From: Kerry Lee	Respond to of 2347

cnetinvestor.com <<AOL-Time Warner May Speed Web on Cable, Analysts Say (Update2) 1/10/00 3:33:00 PM Source: Bloomberg News (Adds company comment in eighth, 15th paragraphs.) Dulles, Virginia, Jan. 10 (Bloomberg) -- America Online Inc.'s agreement to buy Time Warner Inc. for about $178 billion in stock and assumed debt could speed up plans for Internet providers to sell services over cable television, analysts said. That's because America Online, the largest Internet provider with more than 20 million customers, will be able to directly sell Web access over cable after buying Time Warner, which owns the No. 2 U.S. cable system with 13 million customers. Executives from the companies said they won't block access to their lines into homes, and analysts said the biggest corporate combination in history won't likely hurt competition. Internet service providers such as America Online and MindSpring Enterprises Inc. want to sell their service to the nation's 70 million cable customers using systems that are up to 50 times faster than dial-up service over telephone lines. Cities such as Portland, Oregon, have required companies such as AT&T Corp., slated to become the nation's largest cable operator, to let competitors use their systems. ``For now, it's going to reduce the debate a bit,' said JWGenesis Capital Markets analyst Brian Buffone. ``The expansion of high-speed Internet access is going to grow at a much faster pace than what analysts or any experts had figured.'>> Another excerpt from CNET article: <<Denver-based High Speed Access Corp. said it won't be affected by the Time Warner-AOL combination, as it focuses on rural areas while Time Warner primarily operates in big cities. ``This merger is an absolute validation that the delivery of high-speed access through cable is the preferred choice,' said High Speed Access President Daniel O'Brien in an interview. ``This is something that really fits directly into our business plans.' Revenue for high-speed Web access over cable is forecast to rise to $6.8 billion in 2003 from about $500 million in 1998. >>