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Short Take: Excite@Home rated "buy," stock rebounds

Investment bank BancBoston Robertson Stephens reinitiated coverage on Excite@Home with a "buy" rating following the companies' recent merger. Stock in Excite@Home, the cable modem and Net portal service, jumped more than 8 percent to close at 51.31. Shares are off substantially from their high of 198 in April. The stock split on a 2-for-1 basis earlier this week.

Investment bank BancBoston Robertson Stephens reinitiated coverage on Excite@Home with a "buy" rating following the companies' recent merger. Stock in Excite@Home, the cable modem and Net portal service, jumped more than 8 percent to close at 51.31. Shares are off substantially from their high of 198 in April. The stock split on a 2-for-1 basis earlier this week.