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Technology Stocks : AT&T -- Ignore unavailable to you. Want to Upgrade?

To: Dennis who wrote (2468)	5/27/1999 7:06:00 PM
From: Probart	Respond to of 4298

Microsoft: Who Do You Want to Buy Today? NEW YORK (May 27) BUSINESS WIRE -May 27, 1999--Microsoft Corp. has shelled out more than $7 billion in the past six months to buy stakes in everything from tiny Web startups to mighty AT&T. Bill Gates' acquirer-in-chief, CFO Gregory B. Maffei, has been on a nonstop shopping binge that's aimed at two goals: expanding the market for Microsoft software beyond the PC, and beefing up its Web business. Before the month ends, it could include a deal with German media giant Bertelsmann to make a $1 billion bid for Deutsche Telekom's cable-TV business. Maffei--who was in Europe on May 24 and 25, but declines to comment on the progress of the Deutsche Telekom negotiations--tell Business Week he sees many more possibilities for Microsoft partnerships.