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Technology Stocks : AUTOHOME, Inc
ATHM 23.12-1.4%11:59 AM EST

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To: Solid who wrote (13303)8/2/1999 11:49:00 PM
From: Ron Dior  Read Replies (4) of 29970
 
Solid the key sentence here is the one where it put a figure on this deal. The phrase was " more than 17 billion". This is what will move the stock. It doesn't matter if the rumor is true, as long as people think it looks possible. If you reason 20 billion, it would price ATHM somewhere around $70 per share. Shorters will be bailing and daytraders will be getting in. If there is any substance to this rumor, it will be all over CNBC tomorrow. And if there is real substance, the price could climb rapidly. This is all speculation, but I do know that if the rumor is not squashed tomorrow, it will be the spark that we have been waiting for.

Ron Dior
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