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


To: Jim B who wrote (11060)6/11/1999 7:47:00 PM
From: E. Davies  Read Replies (1) | Respond to of 29970
 
so there might be other reasons for the declines...
ATHM has been cranking out consistently good news throughout the decline in price. Everything is as on track as it always has been. ATHM also continues to win new contracts internationally, further expanding the base of homes passed.
The "Portland" thing has already done it's damage and is already passing onto irrelevance in relation to the stock price. ATHM closed higher the next day than it was when the portland fiasco was announced. You only need to see the damage done to AOL stock price in the same period to see that "open access" is not the point.
"Its the economy stupid". Its too good. Japan is recovering from its slump. ATHM now covers half of Japan. Good reason to sell.
Eric