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


To: Bob Zacks who wrote (907)12/11/1997 4:00:00 PM
From: Bob Zacks  Read Replies (2) | Respond to of 29970
 
AT&T, @HOME NEAR $1.3B deal

Anaheim, Calif: AT&T is preparing to forge a potentially important relationship with the cable industry by investing $1.25 billion in @HOME, a company that provides high speed internet service to personal computers via cable wires. The deal, now in the final stages of negotiations, also may bring @HOME together with Worldgate
Communications, a fledgling company that uses cable to provide Internet service to subscribers' TV sets.

Worldgate is the private co. that came up with the set top box that can use a common TV to surf the net. Great to see them in on the deal . There are many more Tv's than computers and the public is not afraid of TV's . Surf the net from your comfy recliner with a wireless remote , now that's the american dream "Edith get me a beer".