AUTOHOME, Inc Message Board

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Technology Stocks : AUTOHOME, Inc

ATHM 24.01

+1.2%

1:32 PM EST

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To: RocketMan who wrote (24364)	8/1/2000 6:59:09 PM
From: E. Davies	Read Replies (2) of 29970

ATHM is 3 bucks or so from its IPO price Wow. Made me look at the charts. All data split adjusted: IPO 7/11/1997. Opened at 12 7/16. Closed at 8 1/2. That was the lowest close in ATHM history. After that the lowest close was 9 1/4. Took 7 months to finally break out of the trading range between 9 and 14. I've got an ugly feeling we may repeat exactly that. If you bought at the open 3 years ago on 8/1/97 you would have paid $10. I guess a 35% return in three years isn't bad for a company growing at 200-300%/year. Sigh. Of course the market cap @13 1/2 was a lot smaller then than it is now. Therein lies a lot of the problem. Eric

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