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Technology Stocks : AT&T -- Ignore unavailable to you. Want to Upgrade?

To: Ian@SI who wrote (2153)	4/7/1999 9:30:00 PM
From: Ian@SI	Respond to of 4298

April 7, 1999 Dow Jones Newswires AT&T Liberty Media Unit Yr Net $2.2B On Gains Vs Loss $411M Dow Jones Newswires Liberty Media Group - Englewood, Colo. Year Dec. 31: Revenue $1,559,000,000 $1,299,000,000 Net income a 2,147,000,000 (411,000,000) Figures in parentheses are losses. a. Includes $5.1 billion gain on disposition of assets. AT&T Corp. (T) acquired Tele-Communications Inc. last month. In addition, TCI Ventures Group and the Liberty Media Group of Tele-Communications Inc. were combined. Prior to the closing of the AT&T and Tele-Communications merger, TCI Ventures transferred to TCI Group its interest in At Home Corp., National Digital Center Inc., Western Tele-Communications Inc., and about 47 million shares of AT&T common stock. In exchange for the asset transfers Liberty Media Group received about $5.5 billion in cash. The results assume that the Liberty/Ventures combination occurred at the beginning of the periods represented, but do not give effect to transfer of assets.