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Technology Stocks : AUTOHOME, Inc
ATHM 20.90+1.1%Feb 6 9:30 AM EST

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To: Boplicity who wrote (13023)7/27/1999 11:16:00 AM
From: Ron Dior  Read Replies (2) of 29970
 
If this tech rally has some legs, we should head back to the $60 level, and if we can break out of this trading range we are holding with AOL. It would appear that all of the negative news is out and much good news is on the way. We will need some more significant news to push the price beyond $60. If the FCC steps in by then it could push us over that $60 range and back near our old highs. Several analysts have a price target of $100 which is very realistic if news goes our way. Also short interest is cautiously high and should help push us a bit higher, giving us some momentum.

The one positive thing about all of this negative publicity is the attention that we have established. Take a look at our avg. daily volume before all of this open access issue, and then compare it to our avg. daily volume now. This stock is on the forefront of this sector where as before many people didn't even know what ATHM did. Things look to be turning around for ATHM. I can't wait to see what happens next. This is like a soap opera.......

Ron Dior
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