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Technology Stocks : AUTOHOME, Inc
ATHM 22.52-1.1%Jan 28 3:59 PM EST

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To: yihsuen who wrote (12565)7/17/1999 1:35:00 AM
From: CGarcia  Read Replies (3) of 29970
 
yihsuen, thanks for the welcome...I look forward to being informed...I realize that doing good with a stock has more to do with timing than anything else...if it's a GOOD company that is...Look at AOL...I'm long AOL at $171...we all know AOL is the 800 pound gorilla, but having bought in at such a high price means I'll have to wait a long time to make a profit on it...Now let's look at ATHM...a very good company which has dropped significantly due to the same reasons AOL has dropped...the open bandwidth tug of war...Have the fundamentals changed with either AOL or ATHM? Once this tug of war ends, and earnings continue to grow as expected, won't both company stocks continue to rise in price? And having bought AOL at $171, and ATHM at $45.50, which of the 2 do you think will bring me a bigger gain percentage? You know my story...I learned my lesson...research GOOD companies that have taken a beating for no fundamental reason, then buy low and give it some time. Good luck to you!
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