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

To: Ilaine who wrote (2618)	7/31/1998 4:19:00 PM
From: harrypolo	Respond to of 29970

Cobalt...I don't think you realize that ATT will own about 44 percent of ATHM when it takes over TCI. It will be, I am sure, offering ATHM on its internet service and will be paying a lot to upgrade the cable systems to bring this about.

To: Ilaine who wrote (2618)	8/3/1998 5:39:00 PM
From: David Harker	Read Replies (1) \| Respond to of 29970

>What does @Home offer that say, ATT&T Worldnet can't, >when AT&T is on cable? AT&T Worldnet can't be "on cable" without any access to the other end of that cable coming out of a house. The other end of any cable coming from a house goes to the cable company. A group of these cable companies, serving about half of the cable-wired homes in the USA, got together to form ATHM, and still own most it. TCI was the ring-leader of this group, and owns 40-some % of ATHM as a result. If AT&T successfully buys TCI, then IT will own that 40-some % of ATHM. So, when "AT&T is on cable" it will only be through the ATHM service. So, your question is circular - "what does ATHM offer that AT&T Worldnet can't, when AT&T offers ATHM?" is what you are really saying...