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Technology Stocks : AUTOHOME, Inc
ATHM 24.08-3.1%Nov 14 9:30 AM EST

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To: E. Davies who wrote (4440)1/19/1999 9:15:00 AM
From: RocketMan  Read Replies (1) of 29970
 
$6+B!?! ATHM had better go out and start signing up some subscribers in a hurry!
This merger, other than the price, is good for ATHM in that it provides penetration and content, the perception of which ATHM had been sadly lacking.
However, I worry about ATHM being so closely tied to cable rather than to bandwidth. I don't care how many more bits you can push across cable vs copper, ATHM's "bits x subscribers" factor will not compete with AOL's for another 2-3 years. Even if AOL does not get a cable deal for a while, DSL is not exactly snail pace. And about cable's growth, let's see, wasn't cable TV supposed to doom broadcast TV to the waste bin of history about 15 years ago? Or was that 20? Now it is supposed to do the same to dialup service.

In spite of my skepticism, I hope that ATHM and AOL are wildly successful in the next couple of years, as I am invested in both.
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