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Technology Stocks : AUTOHOME, Inc
ATHM 24.16+2.1%10:14 AM EST

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To: GraceZ who wrote (23247)6/21/2000 12:22:00 AM
From: Educator  Read Replies (2) of 29970
 
"Now even the long time holders are disgruntled and disappointed even when all this good news comes out, day after day."

Hi Grace- It's confession time (even though Ah says I don't have to). I sold half my ATHM position last week. HLIT had fallen too low to ignore. I traded two of my ATHM shares for every one HLIT share. Actually the deal came out a little better than that. Like ATHM, I felt HLIT had corrected more than it deserved. HLIT is looked upon in a more favorable light by the Street. As Hiram Walker said a long time ago, "this company will win either way with the immense cable buildup." Plus, I believe it will bounce back much more quickly without earth-shattering news. I think that is what has hurt ATHM. Some great companies have seen their stocks really tumble. Investors know in time that those stocks will come back. ATHM is still speculative to many. It doesn't help that analysts rarely mention this stock.

Plus...I had some hefty gains that I needed to offset. It was a no-brainer to do that with ATHM.

I still read and enjoy all of the ATHM posts.

Ed
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