AUTOHOME, Inc Message Board

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Technology Stocks : AUTOHOME, Inc

ATHM 23.66

+0.8%

Nov 24 3:59 PM EST

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To: RocketMan who wrote (3749)	1/1/1999 6:52:00 PM
From: FR1	Read Replies (1) of 29970

The figures say that IBM is a mature business and most people do not expect break-neck growth for the business. Therefore people are not bidding up the stock. They obviously think the opposite for ATHM. I am not saying the public is right. Personally, I kind of agree with the idea that people will buy stock in a business if it has sound backing and a real potential for very big growth. When that picture stops, poeple take their money elsewhere. Not true in every case, however. Lately a lot of IPOs (like UBID) are being brought to market with very little stock offered. This puts the stock in demand quickly and the price goes up because of that.

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