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To: BomboochaBoy who wrote (13037)	4/27/1999 6:27:00 AM
From: Roy F	Respond to of 41369

Comcast Corp. may seek aid of Microsoft, AOL- WSJ April 27, 1999 04:03 AM NEW YORK, April 27 (Reuters) - Comcast Corp. CMCSA is considering teaming up with Microsoft Corp. MSFT or America Online AOL Inc. to win its bid for MediaOne Group Inc. UMG against corporate behemoth AT&T T . Such an arrangement would further the ambitions of either Microsoft or AOL in digital television and high-speed Internet access, the newspaper said. Talks between the three companies are very preliminary, and such an alliance is one of many possibilities being considered by Comcast, the newspaper reported. Comcast is trying to outdo AT&T Corp.'s T $54 billion cash-and-stock bid for MediaOne, the nation's fourth-largest cable operator. MediaOne last month agreed to be acquired by Comcast for $48 billion in all stock. A key factor in any deal between Comcast and either technology company would be the management rights MediaOne holds in Time Warner Entertainment, a limited partnership that owns the Warner Brothers movie and television-production studio, the Home Box Office pay-TV network and most of Time Warner Inc.'s TWX cable systems, the Journal reported. Time Warner executives have long chafed at MediaOne's involvement in decisions about some of their most important businesses, the newspaper reported. Under terms of the agreement between MediaOne and Time Warner, those rights will expire if another cable company acquires MediaOne, the newspaper said. Therefore, talks with Microsoft and AOL would be likely to involve a complicated structure in which one of the technology companies would be the buyer of MediaOne, and strike a separate agreement with Comcast to manage MediaOne's cable properties. Such a deal holds possibilities for both AOL and Microsoft, the newspaper said. AOL is eager to add "broadband," or high-speed, services to its online holdings. MediaOne and Time Warner are partners in RoadRunner, a high-speed Internet service that has about 250,000 subscribers. Microsoft, meanwhile, wants the franchise for supplying software systems for both digital television and high-speed Internet access. It is also interested in denying AOL an exclusive deal to deliver Internet service to the cable companies' customers. ((New York newsroom + 212-859-1700)) REUTERS

To: BomboochaBoy who wrote (13037)	4/27/1999 6:28:00 AM
From: Roy F	Respond to of 41369

Infostock.com Reports Stock Splits Likely to Flood Markets This Week April 27, 1999 05:01 AM AUSTIN, Texas--(BUSINESS WIRE)--April 27, 1999--With markets trading at all-time highs, several companies are positioned to announce splits during their annual shareholder meetings this week. "Stock splits, which have been on a rise in recent weeks, are being treated favorably by the markets. One reason companies announce stock splits is to make their shares affordable to individual investors which, in theory, allows for a greater demand of the stock which results in a rise in price," says Mahesh Sadarangani, President and CEO of Infostock.com. Sadarangani's recently launched Infostock Newsletter is one of the few investment resources on the Web that offers investors a one-stop shop for their stock portfolios. This week, the Infostock Newsletter is predicting splits on several 'highfliers' in the market, starting with Internet giant America Online AOL , which is scheduled to release earnings after market close on Tuesday. AOL has been on a record tear in recent weeks and is trading just at the same price it announced a 2:1 split in January. Also on Tuesday, rival Mindspring MSPG is scheduled to release Q1 earnings. Although Mindspring plans to increase the number of authorized shares later in the year, the company could announce a stock split with earnings, and later vote for this increase at their annual shareholder meeting in late May. The annual IBM IBM shareholder meeting also will take place on Tuesday. Shareholders are expected to approve the board's decision of a 2:1 split announced back in January and the possibility of a share buyback by IBM, thus reducing the number of shares outstanding. On Wednesday, Tricon Global YUM , operator of Taco Bell, KFC, and Pizza Hut, is scheduled to release their Q1 results. The stock, which consistently has outpaced analysts' expectation, has been rising steadily since trouncing analysts' earnings expectations back in January. Another candidate is beverage maker Anheuser Busch BUD which announces earnings on Wednesday in conjunction with their annual shareholder meeting, typically a positive indication for a 2:1 split. About Infostock.com Infostock.com is a complete business and financial Web site dedicated to bringing investors detailed information about stocks on and off Wall Street. Updated daily, the Infostock Newsletter provides a profile of various companies that have tremendous growth potential. Moreover, our analysts help subscribers trade these stocks through a special focus on technical analysis with step-by-step trading techniques. From learning how to trade online to gaining insight on stock splits, the Infostock Newsletter is what every individual investor needs to profit in the ever-changing marketplace. Visit their Web site at infostock.com. THEY OFFER A FREE TWO-WEEK TRIAL.