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Technology Stocks : AUTOHOME, Inc
ATHM 24.85-0.3%3:59 PM EST
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To: Hiram Walker who wrote (10365)6/4/1999 10:52:00 PM
From: Benkea  Read Replies (4) of 29970
 
"though ATHM probably loses if this sets a precedent."

Something coherent from the Yahoo board for a change addresses your last statement:

"ATHM has agreements with 20 cable providers to have EXCLUSIVE access to their networks. AT&T accounts for only 30% of the passed homes (19 million for AT&T, 45 million for other cable companies).

Even if AT&T opens its network to other ISP's, ATHM still has EXCLUSIVE ACCESS TO 45 MILLION HOMES as long as AT&T doesn't acquire them in the near future. AT&T has already got approval from most local
governments. Therefore, AT&T DOESN'T NEED TO OPEN ITS NETWORK AT THOSE COMMUNITIES FOR SEVERAL YEARS. This lawsuit battle will take some time, and ATHM will increase its subscriber base dramatically during this period. Remember that ATHM's subscriber number increased 418% last year, more than half a million at present. By this rate, ATHM will have more than 2 million next year."
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