BUSINESSWEEK ONLINE : MARCH 15, 1999 ISSUE
MEDIA

Not Enough Beep-Beep Yet


PLUSES FOR ITS PARTNERS...

-- Engine of broadband growth for Time Warner and other cable operators

-- Microsoft gets to provide software, browser, and E-mail

-- Compaq is building PCs ready for cable modems

-- Could go public or merge with At Home

...BUT WATCH OUT FOR FALLING ANVILS

-- Clunky official name ''ServiceCo'' suggests uneasy partnership with MediaOne

-- Has searched 14 months for a CEO

-- America Online and others are lobbying for equal access to cable systems' networks

-- Lacks soaring stock, like At Home's, to make acquisitions



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