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Technology Stocks : How high will Microsoft fly? -- Ignore unavailable to you. Want to Upgrade?

To: JP Sullivan who wrote (22631)	5/12/1999 10:24:00 PM
From: Maverick	Read Replies (1) \| Respond to of 74651

MSFT reported to be considering major stake(30%) in British telecom giant Cable & Wireless... Would give MSFT stakes in 3 top British cable firms... Microsoft already owns 5 percent of NTL Inc. (NTLI) and is picking up a 29.9 percent stake in Telewest Communications (TWSTY) through its MediaOne (UMG)/AT&T (T) deal... Acquisition would run spend-happy MSFT about $4 bln, bringing total of recent deals to about $10 bln... One the one end, MSFT's strategy bullish in that company buying access for Windows CE... On the other, is company sending message that it sees cable industry offering better long-term return that MSFT itself? By Briefing.com