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Technology Stocks : AUTOHOME, Inc -- Ignore unavailable to you. Want to Upgrade?

To: ahhaha who wrote (20439)	3/30/2000 3:21:00 PM
From: red_dog	Read Replies (3) \| Respond to of 29970

Excite@Home Shafted Kevin Prigel Mar 30 2000 Bad news, Excite@Home shareholders: you?ve been taken to the cleaners. The ?deal? announced yesterday involving Excite@Home, AT&T [T], Comcast [CMCSK], and Cox Communications [COX] benefits all but one party. Sell now, or hang on for more pilfering by the corporate shareholders. streetadvisor.com

To: ahhaha who wrote (20439)	3/30/2000 4:06:00 PM
From: deeno	Respond to of 29970

Although I actually agree with the thoughts regarding a working relationship between T and MSFT, doesnt the current regulatory envirnoment (regardless of your views of whether they ar right or not ;^)) make it somewhat difficult for these two companies to form a to close alliance? Or because of the different businesses involved, you dont think eyebrows would raise to much?

To: ahhaha who wrote (20439)	3/30/2000 5:34:00 PM
From: FR1	Read Replies (2) \| Respond to of 29970

Did you catch the Yahoo link to the Forbes article today?: url: biz.yahoo.com As far as I can tell, Forbes is implying that the AOL/TWX deal will make it so they (with roadrunner) can offer more to Cox/Comcast than ATHM can (I assume implying Cox and Comcast will switch to roadrunner). T, with a big investment in ATHM, had to scramble to save its investment and hence this deal. The article colors T as shaking in fear of AOL/TWX. The article almost leaves you with the feeling that Cox and Comcast will cash in their ATHM shares for a big profit in January and move to AOL/TWX. Anyhow, this might have added a little worry to buyers today. I am sure everyone is thinking this deal over. I don't like the way Forbes writes. Once they decide to paint black it gets into the writing. For example: Armstrong today offered to buy out the stakes of two minority partners in @Home, namely cable providers Comcast (Nasdaq: CMCSK - news) and Cox Communications (NYSE: COX - news), for at least $48 a share. That's a 27% premium over the closing price of Excite@Home, on top of the nearly 10% boost the stock got from today's news. The paragraph accidentally fails to mention that this is not until next year and they are not buying them out but simply offer a put to guarantee performance. In the next paragraph they try to clear it up a little but wind up making you feel that Cox and Comcast can leave at any time starting now: AT&T's buyout offer won't kick in until Jan. 1, 2001, at the earliest, which means Armstrong has guaranteed Cox and Comcast a healthy return on their investments if they remain part of the @Home venture for at least nine more months. Then they get heavy with the black paint: .....Armstrong is scrambling to respond to America Online's (NYSE: AOL - news) pending acquisition of cable and media giant Time Warner (NYSE: TWX - news), which has transformed the competitive landscape for broadband Internet service. That takeover will give AOL a way to deliver a wealth of content to its 20 million Internet subscribers at high speeds over Time Warner's cable system. ``They (AT&T) have their hands full,' says telecommunications analyst Jeffrey Kagan. ``Gone are the days when they only had to compete with MCI or Sprint,' he says, adding that the AOL-Time Warner combination poses the biggest threat to Armstrong's plans for broadband domination.....