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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?

To: pressboxjr who wrote (6278)	5/6/1999 1:29:00 AM
From: Kaliico	Respond to of 57584

TSQD undervalued? Simple math says TSQD is worth a lot more than what it closed at yesterday given its partial ownership of DRIV. Seems recent news clarifies DRIV ownership , yet the market seems to discount its shares still. DRIV ownership deal at the boottom of : 127.0.0.1:3456/SI/~wsapi/investor/reply-9344687

To: pressboxjr who wrote (6278)	5/6/1999 9:00:00 AM
From: darline cook	Read Replies (1) \| Respond to of 57584

JR- My heart goes out to the folks in Oklahoma, we had major tornados here in my area fla last year and out church sponsored a few familys that lost everythin. We collected furniture and fully furnished their new residences and got area busines,s to donate $ for them to rent homes to get them out of shelters. I hope there is the same programs going where you are. God Bless

To: pressboxjr who wrote (6278)	5/6/1999 9:06:00 AM
From: Rande Is	Read Replies (2) \| Respond to of 57584

AT&T, Microsoft Announce Agreements to Accelerate Deployment of Broadband Services to Millions of Consumers NEW YORK/REDMOND, Wash.--(BUSINESS WIRE)--May 6, 1999-- Agreements Include Investment in AT&T, Purchase of Advanced Set-Top Device Technology and Showcase of New Digital Services in Three U.S. Cities AT&T and Microsoft Corp. today announced a series of agreements in which the companies will work together to accelerate the deployment of next-generation broadband and Internet services to millions of American homes. Under the agreements, Microsoft will purchase $5 billion of AT&T securities, AT&T will increase its use of Microsoft's TV software platform in advanced set-top devices, and both companies will work together to showcase new digital cable services in two U.S. cities. "We're gratified that Microsoft shares our strategy of using broadband cable to bring a new generation of digital communications, information and entertainment services to millions of American families," said AT&T Chairman and CEO C. Michael Armstrong. "We look forward to expanding our relationship with Microsoft and adding its creativity and technical know-how to our own. This will accelerate the work we're already doing with many other software and hardware companies." "Our agreement today represents an important step in Microsoft's vision of making the Web lifestyle a reality," said Microsoft Chairman and CEO Bill Gates. "Working with AT&T, a leader in the delivery of cable and telephony technologies, we will expand access to an even richer Internet and television experience for millions of people." AT&T said it will increase its use of Microsoft's Windows CE-based operating system software in its digital set-top devices, which enable applications from a number of companies to deliver communications, entertainment and information services. AT&T currently has a commitment to use the Windows CE-based system in 5 million set-top devices. Under the non-exclusive agreement announced today, AT&T will expand its Windows CE-based license to cover an additional 2.5 million to 5 million set-top devices. Upon the completion of AT&T's proposed merger with MediaOne and following the previously announced cable swaps and sales negotiated with Comcast, AT&T's owned and operated systems will pass approximately 25 million homes. The company has said that it intends to use set-top software from multiple suppliers. AT&T will also license Microsoft client/server software that supports a range of digital services such as email and interactive television entertainment. The two companies plan to deploy Microsoft's client/server TV software in two showcase cities by the second quarter of 2000. AT&T also plans to use Microsoft's client software in conjunction with third-party server software in an additional city. Microsoft's software provides an open platform designed to work with a wide variety of hardware devices and support a rich array of applications and services. Microsoft will pay $5 billion for newly issued AT&T convertible trust preferred securities and warrants. The preferred securities, which will have a face value of $5 billion and be priced at $50 per security, will make a quarterly payment of 62.5 cents per security. The preferred securities, which will be convertible into 66.7 million shares of AT&T common stock at a price of $75 per share, will have a maturity of 30 years, and the conversion feature can be terminated, under certain conditions, after three years. The warrants will be exercisable in three years to purchase 40 million AT&T common shares at a price of $75 per share. AT&T will use the proceeds to fund working capital and capital expenditures. In addition, as part of these agreements, Microsoft will purchase MediaOne's 29.9 percent interest in Telewest Communications plc through a tax-free exchange of Microsoft shares, subject to certain approvals. AT&T was advised by Goldman, Sachs & Co., Credit Suisse First Boston and Merrill Lynch and Co. Microsoft was advised by Donaldson, Lufkin & Jenrette. AT&T (NYSE: T)(www.att.com) is the world's premier provider of voice and data communications, with more than 80 million customers, including businesses, government and consumers. AT&T runs the world's largest, most powerful long-distance network and the largest wireless network in North America. The company is a leading supplier of data and Internet services for businesses and the nation's largest direct Internet service provider to consumers. AT&T also provides local telephone service to a growing number of businesses. Founded in 1975, Microsoft (Nasdaq: MSFT) is the worldwide leader in software for personal computers. The company offers a wide range of products and services for business and personal use, each designed with the mission of making it easier and more enjoyable for people to take advantage of the full power of personal computing every day. NOTE TO FINANCIAL MEDIA: AT&T and Microsoft will host a two-way conference call for analysts and reporters at 10:00 a.m. Eastern Daylight Time, Thursday, May 6. From the U.S., callers should dial 1-800-700-8174 to access the call. Callers outside the U.S. should dial 612-332-0430. An audio replay of the conference call will be available beginning at 1:30 p.m. today for 48 hours. Callers in the U.S. can listen to the replay by calling 800-475-6701, access code 448582. Callers from outside the U.S. can dial 320-365-3844, access code 448582. CONTACT: Adele Ambrose Eileen M. Connolly AT&T AT&T 908-221-6900 908-221-6731 aambrose@att.com econnolly@att.com Tom Pilla Sue Barnes Microsoft Corporate PR Waggener Edstrom Public Relations 425-936-0756 408-986-1140 tpilla@microsoft.com sueb@wagged.com

To: pressboxjr who wrote (6278)	5/6/1999 11:05:00 AM
From: Bucky Katt	Read Replies (1) \| Respond to of 57584

GYM news>>Sport Supply Group, Inc. and uBid.com Form Exclusive On-Line Alliance for E-Commerce Auction of Sporting Goods; Sport Supply Group to Launch Product on uBid.com Site Within 24 Hours DALLAS, May 6 /PRNewswire/ -- Sport Supply Group, Inc. (NYSE: GYM - news) announced today it has entered into an agreement with uBid.com (Nasdaq: UBID - news; ubid.com) to become the exclusive sporting goods manufacturer and distributor for uBid.com -- for products SSG manufactures or distributes exclusively. Sport Supply Group is the largest direct supplier and marketer of sporting goods in the United States; uBid.com is one of the largest and fastest growing internet auctioneers in the world with first quarter 1999 revenues of $34.3 million compared to $2.1 million in the year-ago period. The agreement calls for uBid.com to offer for auction products that Sport Supply Group manufactures under the brands and licenses of MacGregor, Voit, AMF, Portapit, Champion, and Junglebug -- and to offer the products that SSG distributes exclusively in the United States. Sport Supply Group manufactures and sources over 8,000 different products representing more than 25 product categories in sporting goods. uBid.com will be Sport Supply Group's exclusive distribution channel for online auction of its products. Commenting on the relationship, John P. Walker, President and COO of Sport Supply Group stated, ''This exclusive partnership combines Sport Supply Group's product breadth and direct distribution capabilities with uBid's impressive online traffic flow and internet marketing savvy. Registered users at uBid grew to more than 377,000 compared to 25,000 at the end of the first quarter of 1998. uBid's exponential growth in the last 12 months affirms that people do not just visit the uBid site... they purchase. Opening up Sport Supply Group's broad and diverse product line to this audience, on an exclusive basis, will allow us to expand our product offering to a completely new and fast growing distribution channel. Sport Supply Group will work with a dedicated team from uBid to select the most attractive products for auction and position them in the best possible way to maximize sales. We expect to benefit from the natural surge in online traffic during the holiday shopping season.'' Mr. Walker went on to say, ''We believe the agreement with uBid marks the first step in executing our strategic initiative with regard to the Company's internet and electronic commerce strategy. In addition to our arrangement with uBid, we are currently developing additional, significant internet partnerships with other online suppliers, portal companies and content providers. ''The second part of our e-commerce strategy, ESPORTSONLINE.COM, remains on schedule to go live June 3, 1999. This site will offer many of the Company's products to the consumer athlete.