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Technology Stocks : AUTOHOME, Inc

ATHM 23.76

+1.2%

Nov 28 9:30 AM EST

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To: GraceZ who wrote (8119)	4/17/1999 2:59:00 PM
From: Jing Qian	Read Replies (2) of 29970

Crace, Good comment. I would not say this company would go to zero in the worst situation. The only question is if this company can pay off huge, if not, it can pay off nicely. A company can only fail if its business model is premature for the market, such as the case of PointCast. In order to use PointCast, you must have broadband, at the time PointCast started, there is no broadband in sight. ATHM is at the right time and the right place with the best broadband technology. I can't vision ATHM not pay off at all with its near monopoly in the cable industry. Among all .com stocks, I feel ATHM is one of the safest considering the barrier to entry and the near monopoly status. It's near because there is Road Runner. What if Road Runner to combine with ATHM? The picture will get better. The barrier to entry is so huge that even AOL went to Congress to cry. Expect to see ATHM at 250 soon.

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