Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Pastimes : All Clowns Must Be Destroyed -- Ignore unavailable to you. Want to Upgrade?

To: MythMan who wrote (21639)	3/31/2000 8:36:00 AM
From: re3	Read Replies (1) \| Respond to of 42523

have a good day...i hope its memorable...ho ho...

To: MythMan who wrote (21639)	3/31/2000 8:55:00 AM
From: IceShark	Read Replies (1) \| Respond to of 42523

Guess preferential purchases of stock that benefits large shareholders at the exclusion of the little guys is still OK? NEW YORK, March 31 (Reuters) - A consortium led by top U.S. long-distance telephone company AT&T Corp. (NYSE:T - news) on Friday said it would make a $1.4 billion cash investment in Internet telephone services provider Net2Phone Inc. (NasdaqNM:NTOP - news). The move is the latest by AT&T to strengthen its Internet presence. The group, which includes AT&T's cable television programming unit Liberty Media Group (NYSE:LMGa - news) and British Telecommunications Plc (quote from Yahoo! UK & Ireland: BT.L), said it would buy 4 million newly issued class A shares from Net2Phone at $75 per share. The group also will buy 14.9 million class A shares from Net2Phone's controlling shareholder IDT Corp. (NasdaqNM:IDTC - news), also for $75 per share. When the transactions are complete, the group will hold a 39 percent voting stake in Net2Phone, the group said.