an upbeat note for athm on a miserable day,,
when you look at the fact that they will have one million subscribers by years end and in the next 5 years probably another 2-3 million more and multiply that by 40$ a month not including ad revenue and other e- commerce sources that translates into alot of profits and we haven't even begun to talk about movies,tlevision,sporting events,original programming,and the list goes on and on,,,,athm has the monoply on all of this we are talking about the next microsoft here ,,,,these corrections come and go ,,when the nets go up ,,no price is too high,,and when they go down it is always a crash,,,as history has taught us they come back and when they do they usually are to new highs,,just sit back and look at this stock in 2002 and you will be glad you bought at these prices,,as for y2k fear ,,i agree there will be a sell off at the end of the year but imho there will be one more big rally before the summer and one right after then major sell off going into y2k,,long term this will split many times over,,,hence making alot of believers rich,,long and strong,,, |
