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Technology Stocks : AUTOHOME, Inc
ATHM 23.81-1.1%Nov 17 3:59 PM EST

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To: Frost Byte who wrote (537)10/21/1997 8:52:00 PM
From: Bill Wexler  Read Replies (6) of 29970
 
<<It is the cable companies, not ATHM, that need to spend the $$$ to upgrade to 2-way HFC cable.>>

LOL!!

So I guess the management of the cable companies took some stupid pills?

The cable companies are going to invest enormous amounts of cash on new infrastructure and @home does not bear any risk...it just sits back and collects the profits. Yeah...that's the ticket!

Even if the cable companies get a good cut from each @home subscriber, I seriously doubt that they are jumping at the chance to spend even more money that they don't have to compete with the telco's. Have you examined the balance sheets of companies like TCI lately? In my area, it's a miracle if they even add an extra channel!
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