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Technology Stocks : AUTOHOME, Inc

ATHM 22.15

-2.0%

Jan 9 9:30 AM EST

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To: Bob Williamson who wrote (5605)	2/19/1999 8:40:00 PM
From: E. Davies	Read Replies (2) of 29970

Bob, I know that this may grate against the nerves of the permabulls but heres my opinion. ATHM is a fantastic long term stock. It will double or triple for several years. I say ATHM @2001 in 2001 and I think it might really happen. But the short term has me completely stumped. ATHM could go as low as 70 in an ugly market or it could just go straight up back to the 120's & onward pretty soon now. I'm guessing a pullback to mid 80's then working its way up. The classic response to the above would be to say buy now and just ride out the ups & downs, however I think that a new investor intending to hold for the long term should sit it out now and either wait for a capitulation bottom or until ATHM is breaking out to new highs (in the 130's). There is nothing more discouraging than buying right before a slow & tedious drop, sets a bad mood for the long term. Just an opinion though. Eric

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