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To: the hube who wrote (16506)	5/6/1999 4:37:00 PM
From: John Westman	Respond to of 17305

John, - In February, UIH listed its European subsidiary, United Pan-Europe Communications N.V. (UPC) (Nadsaq: UPCOY), on the Amsterdam and NASDAQ stock exchanges in a transaction that raised over $1.5 billion. UPC is the largest pan-European broadband communications company with cable television operations in 11 markets and telephony and high speed Internet services in five countries. Microsoft Corporation invested $333 million in UPC's IPO and has agreed to work with UPC on Internet/data, telephone and video projects. With the recent addition of Chile they are also the largest broadband operation in Latin America. So if you buy UPCOY you are buying Europe. If you buy UIHIA you pick up Latin America and Australia as well. j