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Technology Stocks : AUTOHOME, Inc
ATHM 23.48+1.2%Nov 21 9:30 AM EST

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To: Racso who wrote (13409)8/3/1999 9:45:00 PM
From: Educator  Read Replies (1) of 29970
 
"ATHM's 339.19mm outstanding share information comes from Bloomberg. The free float, however, is only 231.99mm shares."

Racso- Thanks much for the clarification. The 17 billion dollar deal would amount to a whopping $50 per share. You and Ahhaha are correct, nothing to write home to Papa about. It would take a 25 billion plus deal ($75 per share) before most ATHM shareholders (especially me!) would get excited. That article Eric Davies posted said it all.

The unfortunate thing is that many people bought ATHM shares as it climbed to the 198. My brother bought some at $160. He has held those shares. He would never see the light of day with a Yahoo deal. I'm sure there are others like him.

Thanks again!

Ed
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