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Technology Stocks : AUTOHOME, Inc
ATHM 25.05+2.9%3:59 PM EST
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To: Arv who wrote (18855)1/15/2000 4:23:00 PM
From: gpowell  Read Replies (1) of 29970
 
I think the Chron is just relaying some of the statements TJ made at the Bay Area Council 2000 outlook conference.

Here's a brief synopsis of answers to questions he fielded from the audience.

Q. What impact does the AOL/TWX merger have on ATHM and it's future growth?

T.J. There is no overlap of cable systems. So AOL's merger doesn't change anything for us, because they weren't our homes anyway. They don't come into our area and we don't go into theirs. If anything it is a ringing endorsement of what we have been saying - that BB cable is the way to go.

Q. Is AT&T going to buy ATHM?

T.J. No comment. Obviously we are an attractive partner and we always listen to everybody's ideas on how they want to partner, whether their a current partner or not. You can imagine...since the AOL merger... the phone has been ringing off the hook, but it's a little early to make a definitive comment on this.

Q. I have 468 shares [of ATHM], when are they going to skyrocket.

T.J. One of my prime tasks in life is to stay out of federal prison. It's the stock market's job to be efficient and to judge the value of things. It's my job to lead a great team and execute and that's what we think we are doing.

[end of synopsis]

He spoke briefly about the outlook of BB - nothing really new. There was the implication that the MDA was written so that the new data services would not infringe on the MSO's broadcast TV revenue. The current single channel limitation was a result of the MSO's just not "getting it" 5 years ago. Who did?
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