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Technology Stocks : AUTOHOME, Inc
ATHM 23.64-1.3%Nov 19 3:59 PM EST

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To: daniel chen who wrote (531)10/21/1997 4:11:00 PM
From: Bill Wexler  Read Replies (2) of 29970
 
Maybe you could help me out here...

I took a look at this company's financials and read several of the articles re: the IPO and their business plan.

I'm still confused.

Considering that they're bleeding enormous amounts of money, how can a new investor expect any sort of return if he gets in now?

The current market cap is over 3 billion.

Gross revenues...nil.

Last 2 quarters losses of over 22 million.
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