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Sun, Dec 23, 2001 - Page 11 News List

Microsoft's AT&T stake blunts AOL threat

STRATEGY The software giant will own 5 percent of the new business group, giving it a way to better compete with AOL Time Warner, which owns the biggest Net service

BLOOMBERG , REDMOND, WASHINGTON

"It's way too early" to say exactly what partnerships will emerge from the deal, said Melissa Eisenstat, an analyst at CIBC World Markets.

"The software that the cable companies are going to be using is going to be stuff they already have."

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