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Technology Stocks : AUTOHOME, Inc -- Ignore unavailable to you. Want to Upgrade?

To: Panita who wrote (10806)	6/8/1999 4:48:00 PM
From: Jenne	Read Replies (2) \| Respond to of 29970

ExciteAtHome (ATHM: news, msgs) executives reassured the investment community that they feel confident the Portland, Ore., ruling will be overturned. They also said ExciteatHome cable lines don't allow for more than one Net service provide, pointing to technical hurdles, such as limited bandwidth, the company would face should AT&T be forced to open its lines to multiple providers. ExciteatHome expects to have 2 million subscribers sometime next year, and reiterated its projection of more than 1 million by the end of 1999. Despite the regulatory uncertainties suppressing the company's stocks, fund managers believe the stock is still a good long-term buy. Dan Danchung, senior analyst for Fred Alger Management, Inc., said regardless of whether AT&T's lines are opened to other ISPs, consumers will have little choice but to choose ExciteatHome because it's not only a provider, but it comes with Excite content.