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Technology Stocks : AUTOHOME, Inc

ATHM 22.46

-1.2%

3:59 PM EST

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To: E. Graphs who wrote (12185)	7/9/1999 12:09:00 PM
From: Richie	Read Replies (1) of 29970

EG, I know what you mean, this is so exasperating! Let's draw an analogy. Drug companies invent a new drug, spend millions on R&D..... why shouldn't the "recipe formulae" be given to all of their competitors "for the good of the people" so that prices can be driven down. The answer is that the drug companies have exclusive rights for seven years to manufacture the drug and develop the marketplace. Then, and only then, is the market open for competition. Competition for cable BB is wireless and DSL.......let the market determine which is the best choice. After say seven years, five years, whatever, then allow others to access the network for a nominal fee. I really wonder if the government officials understand ALL the issues! RichieH

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