There have been many rumors out that ATHM was going to buy EVCI. ATHM and EVCI recently announced a co-marketing agreement.
Here is the thing, though. When EVCI announced co-marketing agreements with AT&T and Bell Atlantic, they made large announcements with lots of information. This is all that was to the ATHM announcement:
YONKERS, N.Y.--(BUSINESS WIRE)--Oct. 22, 1999--Educational Video Conferencing, Inc. (Nasdaq: EVCI; PCX: EVI; BSE: EVI) has entered into a co-marketing agreement with Excite@Home to provide access to programs offered by EVCI's education providers over Excite@Home's high speed Internet network.
I think there is more to this considering all of the other events that have been occuring with EVCI and the difference in the announcements of "all" of the other events compared to the "ATHM" announcement.