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

To: A. Robbins who wrote (12893)	7/23/1999 4:56:00 PM
From: E. Davies	Respond to of 29970

Who's been leaning on this stock?? It's much bigger than the open access issue. Yes, it is bigger than open access. The people leaning on ATHM are the same ones selling AOL, YHOO, EBAY, CMGI, AMZN, and basically every other net stock you can name. The only thing keeping me afloat is willingness to short other net stocks to balance my ATHM long. Net stocks have been severely underperforming. Underperforming tech stocks and underperforming the major indexes. This will keep happening until the IPO's stop and all the smaller worthless net stocks have drained away in value. It is not possible anymore for the big net companies to stun the world with their growth. This is going to be a slow process. Time for a more long term mindset. ATHM will survive stronger than any I can think of! We have double exponential growth in the underlying forces (growth in the internet and movement to broadband). When earnings turn positive and subscriber count hits 1 million ATHM cannot help but get noticed no matter what the idiotic state of "open" access. When we reach the point of self-install (6-9 months) the growth will be astounding! Long and sober. Eric