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Technology Stocks : athm - at home corporation

ATHM 23.29

-0.1%

3:59 PM EST

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To: mark joyce who wrote (2)	7/9/1997 11:02:00 AM
From: Jon Tara	of 94

Mark, just search for "@Home". Why do I think that this will be such a hot IPO? Just a feeling - it's a "concept stock". I think it will be the biggest Internet stock to hit since NSCP. Certainly there are problems - in particular, public shareholders will have no control, and there is no assurance that the majority shareholders won't just funnel profits back to the cable companies. But with only a 10 million share float, and the potential of ATHM becoming THE major Internet provider (due to the number of homes passed by the associated cable systems), this will be a stock where fundamentals don't matter. (For a while! :) ) They are being coy with the pricing. I expect it to be priced at $15, and to increase the number of shares offered.

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