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Technology Stocks : AUTOHOME, Inc

ATHM 23.89

+2.2%

Dec 5 3:59 PM EST

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To: Ron Dior who wrote (6700)	3/24/1999 5:32:00 PM
From: JakeSki	Read Replies (2) of 29970

<<I stated the stock would drop 20 points and that wasn't well-received.>> Now why would someone as savvy as you make such a fool hardy prediction. With all of your investing knowledge shouldn't you know better than to make a call like that? In his defense, it did drop 20 points from intraday high of 156. It was a pretty good call. ATHM still has a relatively low float - the volatility is evidence of that. I think we are setting up a support base at 130-135. We will probably bounce around 130-150 until a) the XCIT merger is finalized, and b) the split happens. We should breakout above 75 post-split after that. I sold my trading position at 150 after buying at 120 a few weeks ago. I am trying to reenter at 130. I wish I could get a better read on the status of the XCIT merger. If it really going to happen, then XCIT is a much better buy at 120+ than ATHM at 135. I hold both and would like to add to my ATHM position in the smartest way. Comments? -- George

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