AUTOHOME, Inc Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : AUTOHOME, Inc

ATHM 23.96

+0.6%

3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Frost Byte who wrote (537)	10/21/1997 8:44:00 PM
From: Bill Wexler	Read Replies (1) of 29970

Loss for the past 2 quarters is nearly $24 million. There are only 26,000 subscribers...weren't we supposed to see about a million by now? There is an accumulated deficit of over $60 million. Revenues are basically zero. There are over 118 million shares outstanding. The future capital expenditures required for any future large scale rollout will be enormous....and let's not forget about potential competitors. The cash sitting in the bank is being burned at a phenomenal rate...and that rate is increasing. Frankly, I would consider an early investment by Intel to be a negative. This reminds me of the euphoria surrounding Cybercash (another Intel subsidized loser). Check out its price performance since IPO. Exactly how much are you willing to pay for this "future growth"? So far, the company has failed miserably to deliver on its promises. What's a fair price for this company NOW? 1 billion? 3 billion? 100 billion? I don't think this stock is worth more than 5 a share. At 5, the risk to capital would still be enormous. Just exactly why would I pay as much for this risky startup as I would for a big chunk of an existing cable provider?

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next