AUTOHOME, Inc Message Board

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Technology Stocks : AUTOHOME, Inc

ATHM 23.43

-2.1%

Nov 26 3:59 PM EST

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To: Benkea who wrote (7380)	4/6/1999 11:33:00 AM
From: Emerald City	Read Replies (2) of 29970

Good morning, all. May I join your entertaining (Ed's wife's Hummels!) and intelligent thread? I've been following ATHM for some time, and confess I've traded in and out of the stock a few times. Generally, my experience has been positive and profitable. I'm curious now about the spread between XCIT (currently trading at around 150 1/2) and ATHM (roughly 164). Why hold onto shares of ATHM when you can buy XCIT at a discount? I realize that ATHM reports earnings next week but, other than the dim possibility that the deal doesn't go through, aren't the earnings and prospects now linked, and doesn't XCIT represent better value? Am I missing something here? BTW, David Alger on Squawk Box this morning was VERY positive about ATHM going forward, but also mentioned that XCIT was the smart way to approach this.

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