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


To: pass pass who wrote (13043)7/28/1999 1:00:00 AM
From: claude pappas  Read Replies (1) | Respond to of 29970
 
"EXCITE At HOME TO INTRODUCE ITS OWN BRANDED BROWSER IN 4TH QUARTER"

Just caught this on Bloomberg news.. sorry - couldn't attach the article.. but the tone is very positive..

Here are some excerpts --

"The product will essentially be software from ATHM running on top of the engine used in Microsofts Internet Explorer's Browser".

"The move comes as other Internet companies such as AOL and Infospace are trying to establish their brand or service and build a permanent presence in their users lives. Web companies that land a spot on toolbars and computer screens then can offer other revenue generating services or information."

"The actual portal is the software. ATHM wants to stay on the desktop. Internet power belongs to the company who owns the applications that users go through, such as Microsofts Internet Explorer or AOL's Netscape Navigator browser" said Jim Priessler, an analyst at Paine Webber.

"ATHM released software in June called Excite Assistant which appears as a window on the computer screen and automatically updates personalized sports scores, stock quotes, news or horoscopes. it notifies users when they receive Excite Email and lets them listen to internet radio stations."

Some of the companies other products such as its new calander and voice chat service are "getting a lot of traction" said Larry Marcus, an analyst at Deutsche Bank Alex Brown, who rates the stock a "buy".

"These products are examples of the direction which many Web companies are headed. Companies want applications that are "sticky" and attract users to return repeatedly" analysts said.