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Technology Stocks : America On-Line (AOL) -- Ignore unavailable to you. Want to Upgrade?

To: RTev who wrote (5910)	2/27/1999 3:19:00 PM
From: Sonki	Respond to of 41369

i don't think aol/T is a good match. but here is some good speculations... Speculation that AT&T CORP may be eyeing online services provider AMERICA ONLINE INC for a merger has resurfaced on Wall Street, the March 8 issue of BusinessWeek reports. "There are rumours on the Street that AOL may well be the target of the likes of AT&T for a merger of near-equals," the magazine's closely-watched Inside Wall Street column said. "But analysts think AOL's huge market capitalisation of $83.5 bln would deter any potential partner." Veteran online industry analyst Gary Arlen of Arlen Communications in Bethesda, Maryland, said he was aware that the rumours of a potential AT&T-AOL tie-up had resurfaced in recent days but had no evidence there was anything to the talk. (Reuters 11:45 PM ET 02/25/99.. * AMERICA ONLINE INC declined to comment on a report it was rumored once again to be a possible takeover target of AT&T CORP. "We don't comment on rumors and speculation," an AOL spokeswoman said. The Inside Wall Street column in the March 8 issue of Business Week magazine reported that rumors on Wall Street suggested that AOL "may well be the target of the likes of AT&T for a merger of near-equals." * IFX CORP said it is building a network of Internet service providers (ISPs) in the fragmented Latin America market and is undaunted by competition from AMERICA ONLINE INC and government-owned phone companies. "I would hope by first quarter of next year to have every major country covered from Mexico south to Argentina," said Joel Eidelstein, Chicago-based IFX's chief executive officer. Latin Americans must use a different ISP each time they travel to a different country, he said. To build one branded ISP, IFX has purchased providers in Venezuela and Colombia and is negotiating to buy others in seven countries including Mexico, Argentina, Chile and Bolivia, Eidelstein said.