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To: Solid who wrote (22505)5/21/2000 10:25:00 AM
From: Big Dog  Read Replies (2) | Respond to of 29970
 
Excite@home: 87M Homes Under Exclusive

NEW ORLEANS -- Excite@Home Corp. (ATHM) Chief Executive George Bell said the company has 87 million homes under exclusive contract up to 2008, 15 million of which are digital subscriber line, or DSL.

Homes under contract represent the total number of households the company has access to through its cable partners.

Bell said the company has lifted its target for subscribers in 2002 by 33%. He spoke on a panel at the National Cable Television Association's annual convention, which ends here Wednesday.

He reiterated that the company's plan is to focus on growth. Excite@Home, when it released its quarterly results in April, announced a change in its strategy, saying it will forgo short-term profits and focus instead on long-term investments in its broadband and international services. That announcement prompted the company's stock to fall.

Excite@Home, Redwood, Calif., provides high-speed Internet access and operates a Web portal.

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