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Technology Stocks : AUTOHOME, Inc

ATHM 23.75

+0.1%

Dec 1 3:59 PM EST

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To: E. Davies who wrote (7867)	4/13/1999 11:29:00 PM
From: Jonathan Dubman	Read Replies (1) of 29970

Correction: 30% sequential revenue growth is not 2860% annualized growth but rather 186%. Take 1.30 to the 4th power, subtract 1 and then multiply by 100 to get an annualized percentage. Subtracting 1 is necessary because a doubling of revenues (2x year over year) is said to be a 100% gain. Still, not what I would call "modest"!

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