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Technology Stocks : LAST MILE TECHNOLOGIES - Let's Discuss Them Here -- Ignore unavailable to you. Want to Upgrade?

To: MikeM54321 who wrote (9718)	12/13/2000 8:50:03 PM
From: Mkilloran	Respond to of 12823

America Online is closing in on its bid to acquire the nation’s second-largest cable company, Time Warner. Now imagine another 10 mil. subs and a national DBS footprint. That’s the picture suggested by reports that AOL is in discussions to buy DIRECTV and its burgeoning digital customer base. According to the L.A. Times, AOL execs are scheduled to meet next week with their Hughes Electronics counterparts. The term juggernaut comes to mind: A combined AOL/ Time Warner/ DIRECTV would reach coast-to-coast with 12.6 mil. cable customers, 10 mil. satellite subs and 26 mil. dial-up loyalists. The simple math, not accounting for overlap, would put AOL in 48.6 mil. homes, just under half the total in the U.S. It promises to be an entertaining bidding war: News Corp., the frontrunner from the start, won’t easily surrender another chance to get into the U.S. satellite market. 1119 PST December 13