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Technology Stocks : AUTOHOME, Inc
ATHM 22.17-1.9%3:37 PM EST
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To: KW Wingman who wrote (15805)10/1/1999 5:08:00 AM
From: E. Davies  Read Replies (1) of 29970
 
I want XCIT with ATHM and so do many other people including TJ so you are wrong

I cant speak for the others but for myself the issue is whether:

a) There is anyone willing to give multi-billions of dollars in stock for Excite.
b) There is anyone who has stock that ATHM would *want* multi-billions of dollars worth.

Excite is a acceptable service for @home (though I'm still hoping for a lot more) and good enough to struggle through with. Certainly as good for broadband as AOL. It does however seem to be a major flop as a narrowband portal.

The real problem is that Excite was never worth anywhere near the $7 Billion dollars paid for it, arguably only 1/10 of that.
Eric
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