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Technology Stocks : AUTOHOME, Inc
ATHM 23.66+0.8%Nov 24 3:59 PM EST

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To: Michaelth1 who wrote (26169)10/24/2000 7:48:25 PM
From: E. Davies  Read Replies (1) of 29970
 
Or do you think that ATHM can add about 900,000 subs in Q4?

It's more like 860,000, but who's counting.

Bottom line is that they have officially predicted they won't hit three million in north america. They may not even hit three million worldwide.

"Excite@Home indicated that it expects its broadband subscriber base to grow in the fourth quarter by 25% to 30%."

Thats a *total* subscriber base of 2.9-3.0 million.

Reducing subscriber targets and increasing expected losses. A one two punch. And don't forget to throw in a CEO who tells outright and obvious lies, making promises that plainly won't be kept.

No wonder this stock has been dragged through the mud. I think a lot of us are finally registering why this is such a POS to own.

I cant wait to hear the CC to see how they hand wave through this one.

Eric
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