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Technology Stocks : AUTOHOME, Inc
ATHM 23.76+1.2%Nov 28 9:30 AM EST
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To: Jing Qian who wrote (4531)1/20/1999 1:52:00 PM
From: Stuart C Hall  Read Replies (2) of 29970
 
Slightly off topic.......

Yes, I sensed a clear sign of jealousy. GE/NBC are not really in the Internet revolution.

Jing,

I couldn't agree more. I used to work for GE Capital and I swear to you 90% of the GE personnel have accounting degrees or backgrounds. Corporate is probably 99.9% accounting background.

When they see the valuations of Internet companies double in less than six months it probably gives the GE boys in Stamford plenty of sleepless nights.

GE spends billions a year in acquisitions but would rather partner with MSFT (MSNBC) than enter the fray of overvalued Internet flyers. The old school is going to be taught a few lessons by the Internet whippersnappers.

Regards,
Stuart
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