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Technology Stocks : AUTOHOME, Inc
ATHM 23.27+0.8%3:59 PM EST

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To: JakeSki who wrote (6939)3/27/1999 12:45:00 AM
From: ahhaha  Read Replies (1) of 29970
 
He didn't make the stock rise. The public great expectations did. His decisions were superfluous. The decisions were coming from the board and he was just a yes man. You don't know this because you haven't followed the company closely. You haven't even read the thread. Based on your conclusion you would say that if a stock falls then the CEO must be bad. There is little connection between the decisions of CEOs and a company's profitability. Companies are too large to be effected by random decisions at any level. The difference between two CEOs is random just like their decisions.

With ATHM it has been manifest destiny which has encouraged the public to run up the shares. Sooner or later the destiny must be made manifest. TCI hasn't even scratched the surface on the build-out, yet the shares reflect great expectations. Those expectations are actually deteriorating as I tried to demonstrate and the XCIT nonsense is further proof of deterioration because ATHM is trying to cover up the fact that there is no added value to the company in providing superfluous content.

They were goaded into it because AOL bought NSCP. It is reasonable to assume that Jermoluk was the big factor in pushing that through probably over the objections of Comcast and so became another reason for Comcast to abandon the sinking ship. When a CEO is goaded into a spitting contest where the prize is a cost cow, you know the guy is unqualified. It is humorous that brokerage house analysts think the XCIT deal was just wonderful. Tells you about their knowledge and ability. You'll learn all about that the old fashioned way, you'll lose it.

Tell me, what do you think of XCIT's portal? It finds everything in the universe that you don't want. Who was it on this thread who said that ATHM's content was almost as useless as that of AOL? Jermoluk laid out 6 Bills for eyeballs that ATHM can't hook-up. He isn't going to let AOL out-buy eyeballs. He can show that they can spit too. Some CEO. Thank you Jerm, and thank you TCI, America's favorite brand.
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