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

To: Frank A. Coluccio who wrote (12255)	7/12/1999 2:12:00 AM
From: DOUG H	Read Replies (1) \| Respond to of 29970

<<<While the are momentarily enjoying the rights afforded under monopoly franchise privileges, which were originally granted for selected types of program services, they are at the same time embarking on the more global forms of service that transcend the assumptions which were held at the time those franchises were issued. They've outgrown the parameters of the franchise precepts, in other words. Such notions were, at most, only fleeting in nature, as they quickly, over a short period of just four or five years) lost their significance and meaning against the greater backdrop of the 'net>>>>>>.>>>> Frank, thanks for the reply, I particularly was interested in the observation that you made above. Clearly, the incumbents are looking to protect their turf (investments) in a rapidly changing enviroment. All the while invading the turf of others in search of growth. Stay tuned, eh? D.H.