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Technology Stocks : AUTOHOME, Inc
ATHM 25.12-0.3%Nov 3 3:59 PM EST

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To: Geof Hollingsworth who wrote (29831)12/7/2001 6:11:14 PM
From: Richard  Read Replies (1) of 29970
 
``At $50 a month, the expense of providing the service exceeds revenue,'' he said. ``It's a huge challenge to deliver a service that's reliable. And if you don't work at home, a lot of people don't even want to pay $50, so there's a real inherent problem.''

I don't believe for one minute that at $50/month the expense exceeds the revenue. The $50 was being split between the cable company and @Home. I'm not so sure that the real problem might have been that @Home was only receiving $20 of that. It was the tuning of the split that was the problem. You better believe the cable companies will have no problem if they take the entire $50.
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