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Technology Stocks : AUTOHOME, Inc
ATHM 23.74+0.1%3:59 PM EST
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To: gpowell who wrote (26235)10/25/2000 7:44:25 PM
From: Solid  Read Replies (1) of 29970
 
G,

I patient told me today how excited she was to be getting @home service installed. Ordered it last Thursday and install scheduled for Wed. between 10-12. She has very limited finaces but spends a lot of time online. She figured it would save her money with the time and freeing up her one phone line. She uses AOL but will drop it once she familiarizes with Excite. Said many of her friends are very jealous as 'everybody' has heard of the new BB cable. The real selling point for her was FREE INSTALLATION AND FREE FIRST THREE MONTHS.

But it appears 2 billion in revenue is off the table for 2002 – it wasn’t mentioned.

I post the above story because I can't help but assume ['Danger Will Robinson, danger!'] that a portion of the decrease in earnings has got to be from the promotions to get the frenzy going and hook people to the awareness of needing BB. This gal won't pay a dime until February and here in CT can't be too much different than many major metro areas.

I will take solace in the fact that BB is gaining and revs will rise over time. ATHM should still hold promise when this current kind of growth escalates. And, when things in general straighten out again for markets.

The Nov. issue of Discover had an excellent interview with leading corporate heads and researchers discussing internet trends. Most see VOD as the next killer app, and only BB empowers this evolution. I recall them saying cable will carry the brunt of it for at least the next decade, though other technologies will have their niche.
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