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Technology Stocks : AUTOHOME, Inc
ATHM 22.77-0.3%Jan 27 3:59 PM EST
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To: gpowell who wrote (19973)3/8/2000 9:55:00 AM
From: GraceZ  Read Replies (2) of 29970
 
"mortgage the house"

....regardless of ahhaha's advice to not buy until a stock comes out of base.

Suppose you owned a company that had 5 divisions. Four divisions are making money but one division is losing money, not only is it losing money but the rate at which it is losing is accelerating and it shows no real sign of turning back up (just your hope that it would).

Now if this were my company, I'd be looking to reduce my exposure to this losing division to protect the profits of the other divisions, not taking profits from the others to prop up the flagging division. I'd be using my profits to expand the profitable divisions....it only makes sense to do this.

Now show me proof that this stock is starting to climb out of it's hole and I'll be right in there.
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