AUTOHOME, Inc Message Board

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Technology Stocks : AUTOHOME, Inc

ATHM 23.81

-1.1%

Nov 17 3:59 PM EST

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To: Bill Wexler who wrote (532)	10/21/1997 8:07:00 PM
From: Frost Byte	Read Replies (2) of 29970

Since when is @HOME "bleeding enormous amounts of cash"? They've got $132.7mm in cash & cash equivalents and had cap ex of only $7.8mm last quarter. It is the cable companies, not ATHM, that need to spend the $$$ to upgrade to 2-way HFC cable. This company has absolutely everything going for it, and investors are willing to pay for this future growth. I would suggest you watch your short very carefully....the float is only 9mm shares, and pretty soon everyone is going to want to own a piece of this company: In related news, Intel announced that it will receive a warrant from @Home, still subject to approval, for the purchase of shares in @Home at an unspecified price. Intel previously disclosed that it already made a "non-material" investment in the company.

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