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Technology Stocks : AUTOHOME, Inc
ATHM 23.50-1.1%10:52 AM EST
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To: Ron Dior who wrote (8847)4/30/1999 3:51:00 PM
From: RTev  Read Replies (2) of 29970
 
Where is the line drawn before it becomes ridiculous? I believe that you could have valid points from both sides. RR/ATHM could or could not be considered a monopoly.

Exactly. And if a merger were proposed, we'd see all the arguments fully fleshed out. I understand why Jermoluk and ATHM would be willing to risk the legal battles of trying to do a merger. I cannot understand why AT&T would risk it, however. They want the cable connections to the home in order to provide a mix of services. With UMG, they'd have somewhere close to 50% of cable homes available to them (28% by the conservative count their lawyers would use). Getting that is a daunting regulatory risk in itself. They would have little reason to try to add into the mix an internet-service merger that would tie well over 75% of homes into a single service.
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