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Technology Stocks : AUTOHOME, Inc
ATHM 23.54+0.1%Dec 26 9:30 AM EST

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To: ahhaha who wrote (6730)3/24/1999 10:45:00 PM
From: Boplicity  Read Replies (1) of 29970
 
All very good points. But the news release is not fresh, and was out during market hours. I know at time there is a delay, but ATHM is not some fly by night company driven higher by techno crazed investors that are investing in anythinghot.com. ATHM represents the future of the NET and until management lets us down, will continue higher. Sure ATHM could become a house of cards someday, but not this soon, too early in the game. But you are right and not far off in saying that ATHM could drop 20 points the other day. The jump to 150 was a blow-off top of sorts. If you are right I see ATHM going down to it's trend line at around 120 or so then resuming the upward trend that was started in DEC of last year. So 120 should be an excellent buying point if ATHM does in fact recover at that range.

By the way thanks for your time and effort put in

Greg
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