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To: Peter Y. Hsing who wrote (8739)4/28/1999 7:57:00 AM
From: Peter Y. Hsing  Read Replies (2) | Respond to of 29970
 
Case speaks on AOL/CMCSA/UMG:

Not a whole lot to go by, but more than I've read about in the other articles. Very vague, but he may be restricted from saying too much at this point in time.

From www.bloomberg.com:

AOL May Join Comcast to Bid for MediaOne, Washington Post Says


Washington, April 28 (Bloomberg) -- America Online Inc.'s Chairman Stephen M. Case suggested AOL could make a joint bid with Comcast Corp. to acquire MediaOne Group Inc. as AOL seeks to expand its high speed access to the Internet, the Washington Post reported. Case said ''some new possibilities have emerged over the past few weeks'' in regard to high-speed service, and when asked to what possibilities he was referring, Case answered ''Well, MediaOne,'' the newspaper said. AOL's financial backing could help Comcast Corp., the third largest U.S. cable-TV operator, outbid AT&T Corp. for MediaOne, the No. 4 U.S. cable-TV operator, the Post said.

America Online Inc.'s fiscal third-quarter profit tripled, exceeding analysts' forecasts, as the No. 1 Internet service gained new subscribers at a record pace and revenue surged 55 percent. (WP 4/28 E1 www.washingtonpost.com)