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Technology Stocks : AUTOHOME, Inc

ATHM 24.08

-3.1%

3:59 PM EST

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To: ahhaha who wrote (3985)	1/8/1999 10:59:00 PM
From: E. Davies	Read Replies (3) of 29970

Didn't I warn you that you were going to have to deal wih ATHM facing the horror of becoming popular? We are now faced with the hoards of the fearless investor, a worse fate than you could ever imagine. You say you know the gut-wrenching challange of holding through a bull run. Our guts are not prepared for what is going to happen next. I dont think your shakeout of this current wave of investors is going to happen. Whatever wild plunges ATHM sees in the future wil bring us back into this general range, I think that the 80's are probably gone forever. My origional plan was for ATHM 200 by the end of the year. Obviously now we can see that ATHM may reach 200 by the end of Jan. It may as high as 500 during the year with wild 30-40% drops along the way. Maybe this will help you in dealing with becoming popular: The real test of our faith will be when ATHM starts to screw up through either too slow an install rate or not growing the network fast enough. There will be loud cries of anguish when overburdened networks crunch down towards the speeds of 56k that many today seem to think is plenty fast enough. Maybe thats when the average person will finally understand how inevitable broadband really is. Eric

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