AUTOHOME, Inc Message Board

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Technology Stocks : AUTOHOME, Inc

ATHM 23.24

-0.7%

3:59 PM EST

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To: E. Davies who wrote (19693)	2/16/2000 7:13:00 PM
From: ahhaha	Read Replies (1) of 29970

You state that a transaction is an agreement. It isn't since verbal agreements are not binding. You have to sign an agreement since agreements to have legal force must be in document form. Also agreements have performance requirements. Ownership of stock has no performance requirements in contrast to say, an option which is an agreement and has performance requirements. A transaction is an exchange of stock for cash, so necessarily a buy is an exchange of stock for cash. When you hold cash and exchange it for stock that is called a buy. That is no arbitrary definition and my definition is completely what people think it is. What could you be thinking?

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