AUTOHOME, Inc Message Board

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Technology Stocks : AUTOHOME, Inc

ATHM 23.70

+1.4%

3:47 PM EST

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To: Bob Williamson who wrote (24679)	8/15/2000 4:35:43 PM
From: ahhaha	Read Replies (1) of 29970

@Home and Att Cable Services are quite separate. @Home is upper level network plus Excite. Effectively, there is no direct consumer contact for @Home. The Street doesn't, but the nameless mass of small investors do unknowingly. By their random actions they discover the subtlest truth. In ATHM's case they have discovered the proper price. Well, did you do your due diligence? Due diligence! This is what those words mean to me: An internal audit of a target firm by an acquiring firm. Offers are often made contingent upon resolution of the due diligence process. An underwriter does due diligence before soliciting its services either in stock offerings or other changes of beneficial ownership. How this term became a synonym for "investigate" can only be answered by SI big talkers who are seeking to off lay an imagined liability.

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