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Technology Stocks : AUTOHOME, Inc

ATHM 23.89

+2.2%

Dec 5 9:30 AM EST

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To: Jack Hartmann who wrote (23839)	7/24/2000 11:12:52 PM
From: Solid	Read Replies (2) of 29970

Jack, May be premature, but I sold out of my ATHM today taking my loss. By any chance is this your moniker on the wasteland? <g> Longs logic is all WRONG! by: athm_sucks_bunghole (35/M/New York) 7/24/00 11:02 pm Msg: 232452 of 232454 I havent heard one long out here who has got it right. All I here is broadband is the future and ATHM will be a $100 stock in 2 years. Listen longs. ATHM has a $7 B Market cap and no profits. Growth rates are speculative. Contracts are ambiguous. The fact is broadband may be big, but does this justify ATHM as a good play in that area? First of all, they only $15 for each sub - not the entire $40. Also, market dynamics are changing. We are heading into a bear market - this is a fact. It is too obvious and those that cant see market play out is just play stupid. All that equity lost in this market will impact all companies - especially high P/E techs (or no P/E techs). ATHM is under pressure due to its stock price/market cap. It NEVER should have been $90 a share. Idiots bought at those prices and will suffer in the meantime. Also, we all know ATHM has not proven they can execute. Management is poor. So why should this company have a market cap of more than $1 Billion TODAY! That's right. Look at BOUT. They are a #7 Portal and they have a $500 MM Market Cap. ATHM could easily be a $3 stock because that is where they should be today based on todays fundamentals. If they execute in the future then good for them, and the stock price will reflect that. But not today! See ya in the single digits!

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