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Technology Stocks : AUTOHOME, Inc
ATHM 23.85+0.8%11:38 AM EST
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To: GraceZ who wrote (26162)10/24/2000 6:03:40 PM
From: gpowell  Read Replies (2) of 29970
 
What is frightening is that there is no evidence of economies of scale occurring. Operating costs are rising as fast as subscriber fee revenue (G&A is very high as well). If the rising expenses were due to sales and marketing alone, I would not be too concerned, but it’s beginning to look like this company is incapable of making money.

Let’s hope the analysts ask tough questions.
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