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Pastimes : Techride -- Ignore unavailable to you. Want to Upgrade?


To: Blue Snowshoe who wrote (487)3/22/1999 10:26:00 AM
From: Joana Tides  Read Replies (1) | Respond to of 7442
 
First 909er Du Jour ... (TCB Thangyou,Thangyouverramuch).....
Comcast (CMCSK) the 4th largest cable provider will acquire Media One Group (UMG) the 3rd largest cable provider for a 32% premium.
UMG is, has been for a long time, like, Mine All Mine!!! Now it's Riding On The One After 909; Squared To Boot! As Airtouch gets blasted off the rail, Media One Group stays whistling and sitting pretty; waiting to morph into mega-COMCAST !!!
So CMCSK shares should dip a bit, as acquirers pps usually does, will need more to round up the block now, add it to the Shopping List.
It was mentioned in a GNET Board post that this just maybe could effect the premium offered for the shares. It might, It might.
Happy Trails To You,
Joan