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: Moose who wrote (4632)	1/21/1999 8:35:00 PM
From: Ryno	Read Replies (2) of 29970

Moose Nice to hear some positive words on such a down day. As I indicated, I am in for the long term, but do not want to be saddled with a stock whose next 2 years potential is already accounted in the price. I expect I will keep my position and try to pick up more after the bottom appears behind us, hopefully in the couple weeks you estimated. Also, although my initial purchase was at $113, I only took a small position in the event of a downswing, where I could pick up some more. However with the XCIT merger, I was unsure of ATHM's future prospects. My typical strategy is to sell a stock if it looses 15 percent from my original purchase, but with the volatility of Inet stocks, 15 percent is too tight – still these large swings make me nervous and I feel compelled to seek the sentiment of more experienced investors. Thanks for your comments. Does anyone else have commnents on this stocks future prospects? ryno

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