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Technology Stocks : AUTOHOME, Inc -- Ignore unavailable to you. Want to Upgrade?

To: GraceZ who wrote (8486)	4/23/1999 10:21:00 AM
From: Jacktoad	Respond to of 29970

Another take on T/UMG effect on ATHM/RR/AOL: Should AT&T win out, there is a big penalty to pay. When the Comcast/MediaOne merger was announced, the deal included a substantial break-up clause which said, "while the merger agreement prohibits MediaOne from soliciting acquisition proposals, it has 45 days to accept a superior proposal, subject to a payment of a fee of $1.5 billion." At Home and America Online? Scott Ehrens, Internet analyst at Bear, Stearns & Co. has argued that an At Home and America Online partnership "makes sense longer-term." Ehrens referred to a Senate committee hearing that was unfavorable to America Online and other online access providers in their battle to gain access to high-speed networks. "At Home still has valuable contracts, and AOL still has a valuable audience," said Ehrens. While the decision is "clearly positive for AtHome, we do not see the decision as necessarily a negative for AOL," he said. Ehrens suggests that AOL's large audience would be "perfect to market high-speed services to." Full article----> cbs.marketwatch.com