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Technology Stocks : AUTOHOME, Inc
ATHM 23.08-0.1%2:01 PM EST
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To: gpowell who wrote (16497)10/29/1999 6:32:00 PM
From: ld5030  Read Replies (1) of 29970
 
<<It is just more noise. Subscriber growth rate is increasing - this is all the news I need to hear.>>

$1B is a lot of noise. Bluemountain is supposed to provide revenues of $20-25M. That's 2-2.5% return on your investment. New subscriber growth is great, but you could get it with or without BlueM. I think this purchase represents a re-affirmation of direction towards content. They really want to be AOL. I don't know if they can make it work, but I'll go along for the ride. Best not to put blood money in here though.
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