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Technology Stocks : AUTOHOME, Inc
ATHM 23.59+0.1%Dec 9 3:59 PM EST
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To: ahhaha who wrote (8522)4/23/1999 4:02:00 PM
From: Jing Qian  Read Replies (1) of 29970
 
Avoidance of competitive confrontation is part of the on-going stupidity of corporate and public America. They both love and hate competition. It is built on baseless fear and irrational extrapolations. It is competition that forces you and I to
improve over our best judgement. Eliminate competition and you get poorer. Maintain it and you complain all the way to the bank.

I also want to disagree here. Competition many times kill the weaker companies. 3Com was killed by CSCO, stock price wise. Netscape was killed by MSFT. Novell was also killed by MSFT. Avoidance of competitive confrontation is not a baseless fear and irrational extrapolations, it's of ultmost importance to the companies involved.
INTC has been supressing AMD ever since they posed any threat.

Yes, competition forces improvement from the outsiders point of view(You are not a stock holder), but as a owner of T or ATHM stock, you would want to eliminate threat as much and as early as you can.
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