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Technology Stocks : Compaq -- Ignore unavailable to you. Want to Upgrade?

To: Captain Jack who wrote (55826)	4/6/1999 4:21:00 PM
From: Night Writer	Read Replies (1) \| Respond to of 97611

Captain, Speaking of the days and 12 waves. AOL has announced that they have no major Internet announcement. Does anybody know if CQP does business with Robinson Lerer? Na, this is too far out to be anything real. NW "Major" Internet press conference =2 New York The briefing is for a "major Internet announcement in the media business," the statement said. Robinson Lerer's clients include America Online <AOL.N>, the biggest Internet services company. Rumors have swirled for days that America Online was looking for a big merger in the media sector. Speculation has centered on a possible acquisition of CBS Corp. <CBS.N> A spokesman for CBS was not available to comment. A spokeswoman for America Online declined to comment. Two sources close to America Online said they were unaware of the planned press conference. The conference is scheduled for 10:30 a.m. EDT (1430 GMT) at the Righa Royal Hotel in New York City. America Online and CBS stocks both rose after the advisory was issued. AOL stock gained $3.25 to $170.19, while CBS stock was up $2.31 on the day at $44.19, both in composite U.S. stock exchange trading. ((-- New York newsdesk, 212-859-1700)) REUTERS