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


To: claude pappas who wrote (13030)7/27/1999 6:10:00 PM
From: Ted Downs  Respond to of 29970
 
Claude,

I was just online with James Cramer on AOL talk show. I asked about ATHM and he said he likes it alot and owns a ton of it. Also , he had heard the rumor about T slashing prices but couldn't confirm. Someone mentioned that the rumor was $9.95 a month ISP and $19.95 for cable. All of this is rumor of course but putting bigtime pressure on AOL most of all.
On another note ATHM stochastics chart looks close to a buy signal all of course IMHO.

Ted



To: claude pappas who wrote (13030)7/27/1999 8:04:00 PM
From: Jing Qian  Read Replies (4) | Respond to of 29970
 
I was pondering about how can ATHM reduce its price to $20 last night. And there was this rumor this afternoon. Maybe a coincidence. There are 2 obstacles for ATHM. One is the upgrade speed. Another is the high price, i.e., $39.95 a month. The very reason that one of my friends refused to subscribe to @Home is this price. He said that he would definitely subscribe if the price is lowered to $20. I feel he may get his wish fulfilled soon. It would be tremenduous marketing strength to beat AOL with the same pricing. AOL would be forced to reduce its price to $9.95. But I feel ATHM would come out as a winner because $20 fits into most of people's budget, not just the well-to-do.

Then again, how can ATHM make money below cost? Can someone give me an explanation.