AUTOHOME, Inc Message Board

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Technology Stocks : AUTOHOME, Inc

ATHM 23.96

+0.6%

Nov 18 3:59 PM EST

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To: Gregory S. Wagner who wrote (9080)	5/5/1999 3:39:00 PM
From: Ron Dior	Read Replies (1) of 29970

<<Why were people selling at $135 earlier in the day?>> 3 reasons Greg #1- Nets were getting hammered today, AGAIN! #2- If you tracked the individual trades today while the stock was selling off you would see that they were all small trades (small investors whom panicked when they saw ATHM starting to fall on great news). #3- Not everyone was certain that MCI or some other company would cause a rift. Some still aren't. The latter half of the day saw MANY large block buys go through. T is looking more definite, and by the looks of the blocks that went through after about 1:00, I would venture to say that many big players would agree with that statement. Ron Dior

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