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Technology Stocks : AUTOHOME, Inc

ATHM 21.08

-2.5%

1:10 PM EST

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To: yellowfintuna who wrote (17015)	11/14/1999 4:56:00 PM
From: E. Davies	Read Replies (2) of 29970

The other" 1/2 " haven't chosen "AOL or NON-AOL". They may have chosen based on BB,Sat,Wireless. All forms of access besides dialup account for a very small percentage (<10%). As those forms grow in availability there will be even more AOL defections. I will wager you that there is almost no internet user in this country that has not heard of AOL, and very very few of them that have not recieved several AOL disks. I keep a pretty low profile to keep my junk mail down and have easily had in my posesstion 10 AOL floppies/cd's through the years. All I'm saying by this is that AOL has already such a powerful presence that those who do not have it already have on average chosen not to use AOL. It is very hard to gain market share when you are already dominant. Over time there is no choice. AOL will lose market share and ATHM will gain share. Fortunately the market is growing enough that everyone will get bigger. ATHM will simply be getting bigger a whole lot faster. Eric

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