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Technology Stocks : America On-Line: will it survive ...? -- Ignore unavailable to you. Want to Upgrade?

To: robert duke who wrote (10275)	6/17/1998 12:31:00 PM
From: J.S.	Read Replies (1) \| Respond to of 13594

Robert, IMO, The stock has already responded to this. See below: It appears that the story finally hit London and was deceptive written (intentionally, I can't say). exchange2000.com June 5, 1998 Shares of AT&T and America Online jumped today on rumors that the long-distance giant will buy the online services provider. It's not the first time Wall Street traders have talked about such a deal. Speculation resurfaced again today because of the heated merger activity across the telecommunications sector, especially with the mergers of Tellabs (TLAB) and Ciena (CIEN) Wednesday, and DSC (DIGI) and Alcatel (ALA) today, says Art Hogan, a trader at Jeffries & Co. "Everyone is racing to be the one-stop shop in providing all kinds of services, from long distance and cellular to Internet access -- at the best price," Hogan says. "Ma Bell has never had to compete before, and now it's the stock of the '90s to watch," he says. Good Luck, Joe