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Technology Stocks : AUTOHOME, Inc
ATHM 23.43-2.1%3:59 PM EST

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To: E. Davies who wrote (13311)8/3/1999 12:19:00 AM
From: David Perfette  Read Replies (1) of 29970
 
My "guess" that the market will not be that excited is based on the fact that it is a rumor of negotiations for a possible as of yet undetermined deal in a time when the net is severely out of favor and the market is extremely weak while waiting for more economic news. Whew! How many qualifiers can you put on it?

There is of course the possibility of a deal being announced later this morning. I think another big concern with this speculation is whether or not the value greater then $70 billion is something they are committed too, or whether it is an estimation based on a stock swap at current prices.

-David P.
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