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Technology Stocks : AUTOHOME, Inc
ATHM 24.85-0.3%Nov 13 4:00 PM EST
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To: GraceZ who wrote (28600)7/9/2001 1:36:53 AM
From: Larry S.  Read Replies (1) of 29970
 
This has the potential to be HUGE for ATHM. Reading from AWE (ATT Wireless) investor relations release:
"Also subject to shareowner approval, AT&T will create a new class of stock that is designed to track the performance of its Broadband unit and AT&T’s interest in Excite@Home. Depending on market conditions, AT&T plans to offer a portion of the Broadband tracking stock to the public before the end of the year. The Broadband business is the country’s leading provider of broadband services, including multi-channel video, pay-TV, high-speed Internet access, and communications"
if we concur that ATHM's management has been "less than stellar" and T has been so pre-occuppied with its own crises, then ownership of the whole shebang by a well managed company, ala Comcast, could definitely unleash the value of both the broadband and cable modem businesses. monday should be interesting. larry
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