If that revenue stream goes away this would have a huge impact. Access actually generates positive cash flow. Excite would have a tough time sustaining operations going forward.
An AOL counter-bid is not out of the question. The nice thing about a Cox deal is that it would be part of AOL and part of its revenue and cash flow .
If AT&T has a horrible quarter in terms of cash flow then their institutional investors might pressure them to accept the Comcast deal.