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Technology Stocks : AUTOHOME, Inc

ATHM 23.66

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3:59 PM EST

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To: ahhaha who wrote (22797)	6/1/2000 7:52:00 AM
From: matt gray	Read Replies (2) of 29970

wonder from where the money came to deploy telephone because the telegraphers said the same thing you have. Furthermore the fathers of the bell system didn't pay $3000 per subscriber for plant that needed a complete rebuild. They cut a deal with the feds to enter into a monopoly and got their subsribers for free. Since, they didn't pay for Rights of Way, it was granted by towns and strongarmed from individual landowners, they got their transmission plant for cheap as well. They had a bulletproof business case.

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