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To: Syl98 who wrote (10086)	2/18/1999 10:56:00 AM
From: waldo	Respond to of 37507

>>Add up AT&T, TCI, @Home-Excite and you have what we think is the potentially most powerful Internet player if not now then in 24 to 36 months, once the ink dries on these mergers and the synergies kick in.<< >>The one lingering belief: consolidation of these companies does two things, draws out value and perhaps leads to a tighter range of value per unique user as they come together.<< WEBDEX: Value Per Unique User Drops 2.1 Percent February 18, 1999 By Steve Harmon Senior Investment Analyst Stock Report Archives Our analysis of the slew of mergers announced in the Internet space among the top 10 Web firms shows that the hunters offered an average $271 per unique user across the four deals. That contrasts with the $281 average for the top 10 sites in general. internetnews.com W