New stock hints at strategy for Excite@Home
The Net-over-cable firm plans to issue a tracking stock, a move that should clear up some strategic questions surrounding Excite@Home.
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latest developments |
Looking to give more autonomy to its media arm, Excite@Home plans to issue a tracking stock for the unit. Some analysts say the move should clear up some strategic questions surrounding the Net-over-cable firm. "It can't hurt the situation and it really can't hurt the shareholders." - Cahners In-Stat Group analyst Mike Paxton | 
| | | Moves may boost Excite@Home stock Following plans to issue a tracking stock for the firm's content and media business, analysts question whether the move will help boost the Net-over-cable company's sinking stock.
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