AUTOHOME, Inc Message Board

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Technology Stocks : AUTOHOME, Inc

ATHM 23.43

-2.1%

Nov 26 3:59 PM EST

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To: Ron Dior who wrote (12462)	7/15/1999 10:49:00 AM
From: Michael Young	Read Replies (2) of 29970

I owned ATHM last year and loved the fundamentals. As I've mentioned recently, I soured on the stock when they massively diluted the stock in order to buy a second-rate portal. Now I can't see where they will make any kind of respectable profit in the next 5 years. And of course the open access issues won't be resolved anytime soon. So I went short a few weeks ago. I've thought about covering, but ATHM is the weakest of he major nets lately, so I see no need to do anything but be patient as it falls. I figured all the upgrades the past few days would goose the stock, but that hasn't happened. That reaffirmed my conviction that institutions are avoiding the stock for now. I want my broadband! MIKE

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