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Technology Stocks : AUTOHOME, Inc

ATHM 23.75

+0.1%

3:59 PM EST

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To: GraceZ who wrote (12473)	7/15/1999 3:31:00 PM
From: Stephen L	Read Replies (1) of 29970

OK I'll play devil's advocate. What are the revenue and income growth implications IF the US adopts open access? Will the deployment of cable service slow? Or will the rents ATHM be able to charge all ISPs be sufficient to generate the required return on capital? Will a competition force the Excite part of ATHM to put some excitement back into there service? My own guess (and it is just that) is that after the near term uncertainties of switching to open access and "educating" local regulator that there is a cost to building and accessing cable service that ALL will have to pay, open access could be a positive. Finally, although the FCC appear opposed to open access, there is an election coming up and most pols have little to run on. Don't you think the populist spin of open access will gather momentum?

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