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Technology Stocks : AUTOHOME, Inc
ATHM 23.89+2.2%3:59 PM EST
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To: Educator who wrote (7452)4/7/1999 10:51:00 AM
From: Neal davidson  Read Replies (1) of 29970
 
Benkea and I discussed, in private messages, his arb strategy (which I think will earn him some risk-free money). I told him I felt that he should be long ATHM and XCIT in order to maximize his gain. I think he chose the less risky strategy. At the time, I was only long ATHM. I decided that I should listen to my own advice, so I kept the ATHM stock, and I bought a few May 155 calls when XCIT was at $140, and trading at almost a 10% discount.

I should follow my advice more often. <VBG>
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