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Technology Stocks : AUTOHOME, Inc

ATHM 23.10

-1.5%

Dec 3 3:59 PM EST

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To: ahhaha who wrote (13510)	8/4/1999 3:17:00 PM
From: Jing Qian	Read Replies (1) of 29970

Totally agree, Ahhaha. Although I don't agree with your constant pessimism about ATHM stock, I agree with your assessment of the BB future. I need to add that in spite of a hidden conflict between ATT and ATHM, ATHM is better off to work with ATT. ATT is the only company that has the capability to help ATHM to realize the grandiose future that ATHM envisions. ATHM must work with ATT and resolve any conflicts of interest, if any. I also agree with you that real cash cow won't be advertising. Advertising may work out well for a pure media company like Yahoo. But ATHM has too much more other venues of cash generating BB applications to need to rely only on advertising. IP based video phone will be a killer app as well as the IP based Video on demand. There are many more that we can't even visualize at this stage. So your assessment of Net being earning's bust is only temporary. There may not be much earnings to go about until killer applications are realized. So the answer to the question of whether Net is a earning's bust is Yes and No. I believe ATHM is the company that is best positioned to create new earnings' stream on the Net.

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