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Technology Stocks : AUTOHOME, Inc

ATHM 23.76

+1.2%

Nov 28 9:30 AM EST

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To: ahhaha who wrote (13448)	8/4/1999 5:23:00 AM
From: E. Davies	Read Replies (3) of 29970

Bell and Excite are a disaster. Management knows this They do? How could they know this already, yet not see it 2 months ago? What has Bell done that is so obviously bad? It was just an impulse macho buy made by Jermo to show his moxie. Probably. And now suddenly he gets religion and realizes the error of his ways? The heart of my point was that I cant see how @home could buy Excite and two months later turn around and sell it again. Sure Yahoo@home would have been a world beater but Yahoo was not (and still is not) for sale. Neither is ATHM. Att doesn't want to go where Jermo and Doerr would take it. I'm still not sure where AT&T sits on this. If they dont believe in the ability of ATHM to bring in revenue from content why are they so steadfast against allowing "open" access? "Open" access guarantees the MSO cash flow from whoever is the ISP-- why protect @home? why even own @Home? Why did they approve of the purchase of Excite to begin with? Finally remember that "selling" @home is nothing more than a stock trade. What does AT&T want with Yahoo stock? Does it make them any less in the content business to have YHOO than ATHM? Eric

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