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Technology Stocks : AUTOHOME, Inc
ATHM 22.68+1.9%Jan 2 9:30 AM EST
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To: Ted Schnur who wrote (9309)5/11/1999 2:58:00 AM
From: Ted Schnur   of 29970
 
"Consensus projections are that there will be 4 to 5
million cable modems installed by 2002. The modestly
bullish forecast for AOL by then is 25 million
subscribers. But obviously cable service won't claim 4
to 5 million of them. @Home Network (Nasdaq:
ATHM) says that 66 percent of its users are former
AOL subscribers. The impact of competition from
DSL, which has yet to begin major rollout to
consumers, is still unknown. So today it appears that
AOL could lose no more than five to ten percent of the
subscriber count projected for 2002 -- if AOL gains
no entrée to cable by then."

herring.com
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