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Technology Stocks : AUTOHOME, Inc
ATHM 23.93+1.1%3:59 PM EST

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To: Habib A Kanji who wrote (26179)10/24/2000 8:18:07 PM
From: E. Davies  Read Replies (2) of 29970
 
The "diff" is not about getting 2.7 or 2.8 million north american subscribers vs. the long predicted 3.0 million. Whats a mere 10% shortfall after all?

The problem is that the market has a funny way of insisting that people say what they are going to do and do what they said they would.

When the CEO of a company can go on CNBC and tell outright lies about what they will accomplish what do you conclude?

a) That the CEO is a fool
b) That the company has no understanding of their own market
c) That the odds of a profit warning have just gone up dramatically
d) That many will worry there might be a flaw in the underlying business model

-or-

e) All of the above

Answer: e)

Eric
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