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Technology Stocks : @HOME IPO

ATHM 24.34

-3.4%

Nov 7 9:30 AM EST

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To: Kiriwuth Path who wrote (36)	5/19/1997 3:30:00 AM
From: Paul Weiss	of 383

KP-- I think you want specific projections, analytical valuations? I can't offer you anything meaningful... neither can anyone else. Hell, ATHM can only guesstimate at this point. My best efforts at projecting earnings, revenues and such would be wild guesses. I think all the pieces are in place for something really big, though. Beta testing appears to be complete, thus the IPO... time to raise some capital. You compared this to DirecTV. I disagree. Think of radio in the thirties, color TV in the sixties, or maybe cable in the seventies. Ever notice how its NOT the first to market that wins big, but the company that improves on a revolutionary product at the right time? Think CSCO here. Or maybe Sprint (FON). Oh, I still think TCOMA may the way to buy ATHM at pre-IPO prices. Paul

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