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Technology Stocks : AUTOHOME, Inc
ATHM 24.21+0.6%10:12 AM EST

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To: Educator who wrote (23311)6/22/2000 11:42:00 PM
From: E. Davies  Read Replies (1) of 29970
 
At least the Portland decision makes things a little more interesting.

We have always known that Portland was a non-issue. I think the market knows that too. Heck- I bet most people didnt even remember that the issue existed anymore.

ATHM is consolidating after its massive plunge. I have no clue which way it will break out of its consolidation. Price to sales is still a bit hefty at 15 and earnings are negative. Who cares about the fact that they are tripling subscriber count every year?

I recently saw a cartoon drawn in memorium to Charles Schultz. In it Charlie Brown was standing on a cloud and an angel was holding a football for him to kick. She said "We are not allowed to pull it away Charlie Brown".

So I guess Charlie Brown finally got to kick the ball. Who knows, maybe someday we will too.

Eric
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