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Technology Stocks : AUTOHOME, Inc
ATHM 25.05+2.9%3:59 PM EST

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To: GraceZ who wrote (18919)1/17/2000 12:51:00 PM
From: E. Davies  Read Replies (3) of 29970
 
Go take a look at the IOM chart for ten years
Just did- it was a spectacular investment, they just got too far ahead of themselves because of the hype level.

IOM opened 1994 at 45/256 (split adjusted) Thats .176
IOM is up 28x from there. You not happy with 28x in 6 years? Thats about 75%/year by the way.

I'll bet that the AOL chart and the YHOO chart look a lot like that in 3-4 years. Actually so will most of the superhot net stocks (EBAY, AMZN etc), and pretty much for the same reason as IOM too. The stock got too much too fast and eventually the company got heavy duty competition and started to lag behind technologically.

Take a look at Yahoo!. Is it even the slightest bit prepared for the broadband revolution?
Eric
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