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Technology Stocks : AUTOHOME, Inc
ATHM 23.41+1.5%Dec 22 3:59 PM EST

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To: milo_morai who wrote (29501)12/1/2001 3:41:57 AM
From: Richard  Read Replies (1) of 29970
 
BUSINESS TERRORISM

BUSINESS TERRORISM is when you can Chapter 11 a company, screw the stockholders, buy the infrastructure (network) assets for pennies on the dollar and then use those same assets in a new company you have created to provide the same service. That is exactly what AT&T is doing, but I think they have underestimated what can be swept under the rug. This fiasco will see the light of day.

AT&T has 70% control of the Board of Directors of Excite@Home cable Internet and they have purposely run this company into the ground so they can start a fresh without the incestuous cable companies.
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