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Technology Stocks : AUTOHOME, Inc
ATHM 23.89+2.2%Dec 5 3:59 PM EST

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To: KW Wingman who wrote (23799)7/24/2000 6:22:14 PM
From: KailuaBoy  Read Replies (1) of 29970
 
Swingman,

It appears that as usual, the call way late and wrong. Stock was a buy at $98, Blodget wises up and downgrades at $18. This is after the company has just made a great deal and could run on the good news. Instead Blodget pointed out any negatives in the company announcement he could find and downgraded the stock to an "accumulate". It doesn't make good sense to me. IMO, Blodget just made another mistake which is typical of the so called expert analysts.

It appears that we may have some common ground here. The analysts aren't paid to predict what is going to happen any more than the news outlets are paid to report. They are paid to make their company $$$$$$.

Why is my broker always calling me up encouraging me to buy this, sell that? Why am I always telling him to leave me alone? Because I'm in it for myself, not him.

KB
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