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Microcap & Penny Stocks : IATV - ACTV Interactive Television -- Ignore unavailable to you. Want to Upgrade?


To: BN who wrote (4034)1/20/1999 10:56:00 AM
From: ed doell  Read Replies (2) | Respond to of 4748
 
Only if it does so with no gaps up. Nice and easy, thank you!



To: BN who wrote (4034)1/20/1999 11:14:00 AM
From: art slott  Read Replies (1) | Respond to of 4748
 
I'd say the brokers are getting their best clients the stock based on internal research reports before they announce their buy recommendations.

Armstrong gets on AOL's Case
AT&T chief says online service's unbundling campaign undermines possible
content deal

AT&T Corp. Chairman Michael Armstrong needled America Online Corp.
Chairman Steve Case over his push for Internet "unbundling" that is
snagging the long-distance carrier's takeover of Tele-Communications
Inc., saying that if AOL spent less time lobbying regulators the
companies could work out some sort of a content deal.
Armstrong's comments came as AT&T and TCI executives took to the road to
pitch the merger, which must be voted on by shareholders of both
companies next month. Their first stop was a wave of appearances at
Salomon Smith Barney's annual media investment conference in Scottsdale,
Ariz., where 1,400 money manager and analysts for large institutional
investors gathered for briefings by a host of media companies.
Wall Street executives attending the Salomon conference said Armstrong
encouraged AOL executives to come back to the table. "Armstrong said
that if they weren't so busy trying to worry about unbundling, he would
sit down and talk to these guys about working out a content deal," said
one executive. AT&T later characterized Armstrong as positioning himself
as open to "a commercial transaction." But another participant in the
meeting described the AT&T chief as "annoyed".
Armstrong and TCI chairman John Malone have warned that they will scrap
the merger if AOL's unbundling campaign succeeds. Case and other online
service providers are trying to prod government regulators to force AT&T
and TCI to open up access to the high-speed data lines TCI's cable
systems are establishing in a number of markets, mostly in the western
U.S. TCI is currently offering high-speed Internet service @Home, which
includes both transport of traffic from the Web to subscribers' home PCs
and its own special content. Case, who is watching new @Home customers
quickly drop their old AOL accounts, wants to be able to offer
AOL-branded high-speed service over that data network, separating
@Home's data transport from its weather, news, shopping, and other
products.

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