AUTOHOME, Inc Message Board

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Technology Stocks : AUTOHOME, Inc

ATHM 23.22

-0.8%

3:59 PM EST

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To: hdl who wrote (29479)	11/30/2001 5:26:17 PM
From: FR1	Read Replies (2) of 29970

Well, I don't know what they will settle on but the bluff on the part of C&C is starting to show through: He said AT&T's offer of $307 million had been topped earlier in the day by a larger offer from Comcast (CMCSK: news, chart, profile), but that the Comcast offer was rejected by bondholders as still not being large enough. I would love Comcast to get ownership because they have already said they will put a zillion dollars into developing the net where ATT makes not comittment at all. Another great solution would be for ATT/C&C to offer cash and a conversion of shares of ATHM to shares of T. Question: If an agreement is made on paying off the bondholders (wiping out ~$700M+ of debt) could ATHM operate profitably. In other words, if ATHM was debt free at this moment could they operate at a profit?

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