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Technology Stocks : AUTOHOME, Inc
ATHM 23.43-2.1%3:59 PM EST

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To: hdl who wrote (25798)10/2/2000 4:30:11 PM
From: E. Davies  Read Replies (1) of 29970
 
I'm assuming you mean why is it so sick today or the last few days. I'd really like a clue too.

Today someone using INCA was one of the most determined sellers I've seen in a long time. He was on the ask almost every minute today. Thats why there were barely any upticks. ATHM was much less healthy than the market.

If anyone has a clue why we dove straight from 18 to 12 1/2 without barely a breather I'd sure like to know. Could be funds cleaning house and bailing on the net sector alltogether.

The selloff did start exactly with Bell announcing he was leaving. Hard to believe that's it.

Eric

PS- INCA still selling large volumes to all buyers after hours at 12 7/8
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