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Non-Tech : Secret Squirrels hit! -- Ignore unavailable to you. Want to Upgrade?


To: Wayne Rumball who wrote (4233)1/22/1999 12:05:00 PM
From: musicguy  Read Replies (1) | Respond to of 12872
 
Well in the face of this pullback, ATHM looks like it is positioning itself nicely....
"NEW YORK (CBS.MW) -- AT&T (T) is considering selling its WorldNet Internet access service to At Home (ATHM) for about $1 billion in stock, The Wall Street Journal reported Friday. WorldNet has 1.3 million residential and 1 million business customers. By spinning its
Internet service off to At Home, AT&T would be able to free up its value into a pure Internet stock and rid its balance sheet of the expenses without having to give up control, sources told the Journal. At Home announced this week it would buy Excite (XCIT) for $6.7 billion, a deal that makes more sense if At Home can add WorldNet's subscribers, the Journal said."

Seems like every day ATHM (and EGRP for that matter) has good news. I wish I had a dime for every dime I have.... I'd load up an LOTSA stuff, but ATHM and AOL in particular.

I have little else to do (besides laying guitar tracks today) but read the news.... I am pretty much fully invested, and I will NOT sell my shares for a loss.

MG