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Technology Stocks : AUTOHOME, Inc
ATHM 20.93-3.2%3:59 PM EST
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To: Michael P. Michaud who wrote (7654)4/11/1999 1:07:00 AM
From: Jing Qian  Read Replies (1) of 29970
 
Only scenario that would cause ATHM to dip 75%:

AT&T to dump ATHM and start something new. The chance of that happening is nil. AT&T is not crazy to spend 55 Billion for TCI.

Although Comcast could rebel against ATHM and goes to RoadRunner, its likelihood is small. It doesn't help Comcast's bottom line by doing so. The better thing for Comcast is to merge ATHM and RoadRunner so Comcast doesn't have to give up its ATHM stake. Thus, the chance of Comcast fleeing ATHM is small.

So, a 75% drop is not likely for ATHM, although a 20% drop is likely
due to a broad based market sell-off.
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