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Technology Stocks : AUTOHOME, Inc
ATHM 24.07-3.2%2:35 PM EST
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To: Nitrous who wrote (577)11/2/1997 4:36:00 PM
From: Bill Wexler  Read Replies (2) of 29970
 
I believe you'll be sorely disappointed.


I remain short on this stock and still believe that it is insanely overvalued by any metric. The business model is so far behind schedule and the cash burn rate so extreme that I think the company will do a secondary ASAP.

You're only hope at this point is the greater fool theory of momentum investing. Unfortunately, greater fools are going to be much harder to find in the next few months.

Good luck,

Bill
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