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Technology Stocks : AUTOHOME, Inc
ATHM 23.93+1.1%3:59 PM EST

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To: vor who wrote (8746)4/27/1999 5:52:00 PM
From: FR1  Read Replies (1) of 29970
 
This period is similar to last time (January). A massive drop (actually two legs down) followed by a big jump up and then ups and downs (really going nowhere) until all the earnings are out (end of month). Kind of like a earthquake. This is aftershock time.

IMHO, you would be foolish to try and guess the entry point. 10 and 20 point swings are frequent. What you do know is that next month the split date will be announced, the merger will be done and ATHM will feel free to announce new stuff. I can't imagine them sitting still after the merger. The down side? Worst possible thing is that the gang of 4 (Comcast + Billy + Paul + AOL) get UMG and pull the plug on ATHM over all their system. The big upside? It goes the other way.

Lots of fun watching ATHM CEO interview:
Ques: What are you going to do at future board meetings? Either T or Comcast will be the loser in this deal. Both have to come to meetings and sit at the same table!

Ans.: Maybe we can buy a much longer table.
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