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Technology Stocks : AUTOHOME, Inc -- Ignore unavailable to you. Want to Upgrade?

To: E. Davies who wrote (10083)	6/3/1999 8:38:00 AM
From: Boplicity	Read Replies (1) \| Respond to of 29970

High Speed Cable Access to Sell Shares to Microsoft, Cisco Denver, June 2 (Bloomberg) -- High Speed Cable Access Corp., the provider of fast Internet connections over cable-television lines, will sell shares to Microsoft Corp., Cisco Systems Inc. and Com21 Inc. in conjunction with an initial sale to the public. The company said the stock sale will include Microsoft paying $10 million for 1.7 percent of its shares. Cisco has agreed to pay $7.5 million for 1 percent ownership of the Denver company. Com21 is buying $1 million worth of shares, according to filings at the U.S. Securities and Exchange Commission. High Speed Cable Access is raising money to fund its expansion and cover operating losses as it deploys its service. Billionaire Paul Allen's Vulcan Ventures owns 54 percent of High Speed Cable Access, a company that competes with Excite At Home and other firms in providing cable customers with Internet service. Vulcan Venture's ownership stake will fall to about 39 percent after the sale of 13 million shares to the public and 1.6 million to Microsoft, Cisco and Com21. The sales are expected to raise more than $160 million for High Speed Cable Access. Microsoft has signed a non-binding letter of intent to form a ''strategic relationship'' with the company as well as help in marketing its product, High Speed Cable Access's filing said. Cisco, the No. 1 maker of computer-networking equipment, and Com21, a cable-modem manufacturer, provide High Speed Cable Access with equipment. The company also disclosed it is in talks with Road Runner, the second-largest Internet cable connection company behind Excite At Home. High Speed Cable Access would become subcontractor for Road Runner if the negotiations lead to an agreement. Microsoft is an owner of Road Runner along with Comcast Corp., MediaOne Group, Compaq Computer Corp. and closely held Advance/Newhouse Partnership. Lehman Brothers and J.P. Morgan & Co. are underwriters for the stock sale, with Banc of America Securities LLC and CIBC World Markets. High Speed Cable Access will trade on the Nasdaq Stock Market under the symbol ''HSAC.''

To: E. Davies who wrote (10083)	6/3/1999 8:44:00 AM
From: kingfish	Read Replies (1) \| Respond to of 29970

I just recently got @home and the dial-up is $14.95 for setup and I believe .15 cents per minute for access. I haven't signed up for it yet but see it as a way to access my email while traveling. I'm very impressed with @home so far - could never go back to AOL.