AUTOHOME, Inc Message Board

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Technology Stocks : AUTOHOME, Inc

ATHM 23.48

+1.2%

Nov 21 9:30 AM EST

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To: ahhaha who wrote (23174)	6/17/2000 9:13:00 PM
From: A. Robbins	Read Replies (2) of 29970

Call me foolish, but I happen to believe that the largest motivation in the ATHM/EXCITE merger was cash for insider pockets. Correct me if I'm wrong but Perko launched both businesses, then sells one to the other for a huge premium and TJ takes an enormous (I cant remember the sum) one time fee for putting the deal together. I bought the stock for its ability to deliver high speed internet access across cable lines, and all the exciting additional benefits the fat pipe could provide to the online experience. I think a lot of real rookie mistakes have been made here, primarily by emphasising Excite's sad business model over ATHM's and the street didn't buy it for a minute. If we are seeing a return of focus back to what ATHM actually does best, providing that fast broadband access, maybe we have a chance to pull out of this tailspin of woe.

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