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Microcap & Penny Stocks : MSU CORP-----MUCP -- Ignore unavailable to you. Want to Upgrade?

To: Hawkmoon who wrote (2825)	3/2/1999 7:15:00 PM
From: Alf	Respond to of 6180

@Home to turn on Net TV in second half By Reuters Special to CNET News.com March 2, 1999, 1:00 p.m. PT SNOWBIRD, Utah--Internet service @Home plans to introduce a new service in the second half of 1999 offering high-speed Internet access on television sets, chief financial officer Ken Goldman said today. The new service from the @Home Network will be priced around $15 a month, significantly below the company's current price for Internet access to home PCs, Goldman told investors at the Hambrecht & Quist planet.wall.street conference here. "TV clearly is a major new revenue opportunity," Goldman said, explaining the new service would be designed as a basic online service for people just getting onto the Internet. As previously reported by News.com, @Home's move into the interactive TV market is significant because the industry is only beginning to take shape. Any early-to-market advantage is likely to benefit the Redwood City, California, company into the next century, when many analysts foresee the set-top box becoming the center of a networked home. Goldman said the company would introduce set-top boxes for the new service as early as the third quarter of this year. Separately, the company announced a two-for-one stock split, a first for @Home. @Home, which provides high-speed Internet access over cable TV lines, recently agreed to acquire the Internet service Excite. Tele-Communications Incorporated, which is in the process of being acquired by AT&T, is @Home's largest shareholder.