AUTOHOME, Inc Message Board

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Technology Stocks : AUTOHOME, Inc

ATHM 24.75

+1.7%

10:35 AM EST

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To: ahhaha who wrote (633)	11/16/1997 8:18:00 PM
From: Stephen M. DeMoss	Read Replies (2) of 29970

Thanks for your rely(s). From your reply I surmise that you believe ultimately Athm is a winner. I like your advise about buy and hold. I do sense, at times, there are forces greater than I which have the ability to make money 'pushing' stocks higher than they reasonably should be and then making money on the way down. Then they will leave the stock and move to another 'new concept' company. Eventually the fundementals of a stock will take over (even after it has shed 50% of its inflated value) but I thought if we are smart, we try to get out before it falls too far. I really like what Athm has (product) but I agree with that recent article that the stock price proportionally is out of line. My fear is that the stock may gravitate back to a more reasonable PE and we will see another Qdek or Aplx situation. Just thinking out loud but really appreciate your thought on trading. Steve D.

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