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Technology Stocks : AUTOHOME, Inc
ATHM 24.16+2.1%10:14 AM EST

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To: KW Wingman who wrote (25882)10/9/2000 9:27:31 AM
From: Rob C.  Read Replies (2) of 29970
 
KW and all,

Looks like buying is not en vogue right now. I would wait until we see a reversal, why have the ego trying to pick a bottom?

ATHM may be a great buy at 10 1/2, but I think we may see another blow off and it may trade below 8. I certainly hope not, but the ANALysts are all saying the future is looking very bleak. Energy prices, interest rates and earnings growth are all the key words I keep seeinga and hearing.

Are we closer to a bottom? Who knows? Is the new economy dead already? Seems like it right now. Amazing how quickly sentiment changes so quickly. FWIW I think we will see a shift in momentum once we see some positive earnings releases this week and next.

Have a great day,

Rob
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