- 阅读理解A
题干：HighspeedInternetproviderAtHomeCorp.isbuyingExciteInc.,oneoftheleadingdestinationsontheWorldWideWeb,forabout$6.7billioninstockinoneofthelargestInternetcompanydeals.ThedealannouncedtodaywouldsurpassAmericaOnlineInc.’s$4.2billionacquisitionofNetscapeCommunicationsCorp.lastyear.BasedonclosingstockpricesFriday,Exciteisworthabout$3.4billion,whichwouldmeanthatAtHomewouldbepayingahugepremium.ThedealcouldeventuallygivetelecommunicationsgiantAT&TCorp.controlofoneofthehighlysoughtafterportalsthatserveasentrypointsontotheInternet.AtHomeisownedbyTele-CommunicationsInc.,CoxCommunicationsandseveralotherinvestors.TCIisintheprocessofmergingwithAT&TCorp.ina$39billiondealthatisexpectedtobecompletedbyspring.AT&TCorp.chiefexecutiveMichaelArmstronghasstatedhewantstouseAtHomeasaconduitfordeliveringawiderangeofcommunicationsservices,includingelectroniccommerce.ControloverExcite,whichhasasearchengineandlinkstoseveralonlineshoppingsites,wouldcertainlyenhancethatgoal.Excite,whichhaslaggedbehindotherWebsitecompanies,suchasYahoo!,hasbeenlookingforalargerpartnerintherapidlyconsolidatingInternetportalmarket,especiallyinwakeoftheAOL-Netscapedeal.SeveralothercompanieshadbeenrumoredtobeinterestedinExcite,includingYahoo!Inc.andMicrosoftCorp.NegotiationsbetweenYahoo!andExcitebrokeoffthisweekend,accordingtopublishedreports.Excite,eagertoextenditsreachandmarketpower,wasattractedbyanalliancewithAT&TandTCI.Excite’sshareholdersareexpectedtoownabout30percentofthecombinedcompany,whichwouldbeknownasAtHomeNetworks.ExcitechiefexecutiveGeorgeBellwouldtakeapositiononthenewcompany’sexecutiveboard,reportingtoAtHomechiefexecutiveTomJermoluk.AtHome,whichdelivershigh-speedInternetserviceovercableTVlines,hasmorethan330000customers.ThedealwouldgiveitaccesstoExcite’smorethan20millionregisteredusersandtothecompany’scontentdevelopmentcapabilities.BothcompaniesarelocatedinRedwoodCity,Calif.AtHome,whosestockhasrisennearly300percentoverthepastyear,hasthemoneytomakeadeal,MichaelHarris,presidentofKineticStrategiesInc.toldMSNBC.“WithAtHome’sexistingstockvaluation(ofabout$11.7billion),it’sbeensurprisingtheyhaven’tdonemoredeals.They’vecertainlygotahugewarchestbuiltup.”Neithercompanyhasyetmadeaprofit.InthethreemonthsendedSep.30,Excitelost$6.8milliononrevenueof$44million,includingacquisitionandamortizationexpenses.Inthesameperiod,AtHomelost$9.7million.
题目： How does AT&T fit into the picture of the At Home-Excite deal?（） - A 、Excite has been dealing with AT&T for some time
- B 、AT&T and At Home has been running At Home Networks jointly
- C 、AT&T is about to ally with TCI, the owner of At Home
- D 、AT&T runs Internet, of which Excite is an important user
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参考答案【正确答案：C】
根据第二段第一句，At Home 是TCU、Cox Communications 和其他几家投资者组建的公司。第二句又提到，TCI正在准备与AT&T合并，买卖达390亿美元，预期今春完成联手。所以，第一段最后一句、第二段第三句都提到了AT&T对这场交易的反应。根据第三段第二句，At Home Networks是购买Excite后打算组建的新公司的名称。
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