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Technology Stocks : AUTOHOME, Inc

ATHM 23.14

+0.6%

Jan 23 9:30 AM EST

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To: Maverick who wrote (20025)	3/8/2000 8:40:00 PM
From: M. Frank Greiffenstein	Read Replies (1) of 29970

That would not affect exclusivity contract... Whether ATT physically owns ATHM shares or not is irrelevant to the ATHM bull case. Of course, some hotheads may figure that this is bad news for ATHM. Let them sell their shares. I'll buy all I can get under $30. I did today and I have plenty of firepower left. ATT is involved in some kind of gamesmanship with AOL. Are they trying to screw up AOL-TWDX deal? If ATT agrees to sell ATHM, that means AOL is pressurred into giving up Roadrunner. ATT may be betting that Steve Cases' pain would be much greater than its pain. Why? The big slam against AOL has been its lack of broadband strategy. If ATT plays the good corporate citizen angle and gets the FCC to agree to the ploy, then a precedent is set and AOL is forced to cough up Roadrunner. If this scenario is true, I'll give ATT credit for pure deviousnessness! Then we would have two pure broadband plays competing with each other. That would be interesting. ATHM has the experience as an independently operate cable provider, while Roadrunner has always been run by Gerry Levine. Gee, who is better able to adapt? Duh! DocStone

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