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Technology Stocks : AUTOHOME, Inc
ATHM 24.84-0.8%3:31 PM EST

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To: Gregory S. Wagner who wrote (18913)1/17/2000 10:53:00 AM
From: GraceZ  Read Replies (1) of 29970
 
I've been a subscriber to ATHM for a month now, and I love it.

I love the service as well, I could never go back to dial-up. The only thing that would tempt me would be a pure fiber hook-up. I also love my Iomega Zip and Jaz drive and could never go back to floppies. Go take a look at the IOM chart for ten years and tell me if it was a good investment over that time.

Before every body jumps on me, I'm not suggesting that ATHM is in as sad a state as IOM.... just that you can love a product, it can dominate in the market place and never make you money holding the stock.

The stock is big enough that it will take some participation of the institutional investors in order to move up. If these three guys were any indication, we are at an all time low in popularity with the money managers. I actually see this as slightly bullish for the company. Because the public has such a poor memory they can get away with panning the stock and no one will remember this a year later when they are forced to buy at a higher price. The reason I brought up AOL was because they were most likely in the same situation in regards to that stock. The public buying led the charge into AOL and the money managers were forced to pay up at higher prices after a long time of panning the stock.

As to whether or not I'm holding is irrelevant. I've been in ATHM for so long and given it so much of my time and energy that I am far from objective. I don't wish to influence anyone in terms of buying or selling this stock, just to open a dialogue about it's relative value.
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