Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Atmel - the trend is about to change -- Ignore unavailable to you. Want to Upgrade?

To: vibaby who wrote (9683)	4/22/1999 9:34:00 PM
From: Kent Rattey	Read Replies (1) \| Respond to of 13565

NEW YORK, April 22 (Reuters) - MediaOne Group Inc soared in after-hours trading Thursday after AT&T Corp (T - news) announced a surprise $58 billion bid for the company. MediaOne traded at 82 in the post-session, up 12-1/2 from the regular close. AT&T traded at 57 on the Instinet broker system, in line with the regular close. The AT&T bid pits the telecommunications giant against Comcast Corp (CMCSA - news), a rival suitor for MediaOne. Comcast traded at 70, up 3-13/16 from the regular close. In subsequent dealings AT&T traded higher at 64-1/2. Sybase Inc (SYBS - news) rose in post-session activity after the company reported it earned a profit of $0.07 per share in the first quarter versus a year-earlier loss. Sybase traded at 9-1/4, up 11/16 from the regular close. VeriSign Inc (VRSN - news) traded at 146, down 3/16 from the regular close. The company reported a first quarter loss of $0.08 per share, narrower than the year-ago loss of $0.27 per share. Atmel Corp (ATML - news) traded at 23, up 3/16 from the regular close. The company reported first quarter earnings of $0.17 per share before a charge, compared to $0.27 a year ago. The New York Stock Exchange said after-hours session one volume was 2,673,000 shares compared with 2,262,900 on Wednesday. Session two volume was 6,915,730 shares compared with 3,316,506 on Wednesday.