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

To: lml who wrote (13093)	7/29/1999 1:39:00 PM
From: red_dog	Respond to of 29970

Nevertheless, the point of my original post was to highlight that T does not necessarily control ATHM I think, but not sure if T holds 25 to 30% the way it is broken up they may have enough to control it. Rg

To: lml who wrote (13093)	7/29/1999 2:02:00 PM
From: ahhaha	Read Replies (1) \| Respond to of 29970

Michael is correct about the operating agreements now in place. The important details are not publicly available. The 8-K doesn't do that. From your quoted source: Changes in the relationship between the service's backers will give Cox Communications and Comcast, the two other largest shareholders in @Home, new veto power over AT&T, as long as the companies vote together on the board. As a part of the new agreement, AT&T has agreed to raise its targets for subscriber growth, speeding the rollout of the Net service to TCI's coverage areas. If the company fails to meet these new targets--which are not public--the long distance company must give up some of its stake in @Home to its partners. If the company cannot achieve its higher subscriber goals by next year, AT&T must give Cox a certain amount of stock in @Home, based on its subscriber numbers at the time, a Cox spokeswoman said. But the other cable partners are only interested in having AT&T pull its own weight, she added. "We want this to be viewed as an incentive. We really want AT&T to get out there in front of some customers," said Cox spokeswoman Ellen East. "We don't want that stock because if AT&T adds more customers it only increases the value of [@Home]." So why doesn't she want the extra stock? I seem to recall that you also engaged in some abrasive behavior when you embraced nghi vu's inaccurate statement. To claim now that T does not necessarily control ATHM is a major retreat from earlier assertions. Of course T does not necessarily control ATHM. A mouse does not necessarily control an elephant. You may not think that there is any difference or significance in this issue, but we will see what you say when Att absorbs ATHM.

To: lml who wrote (13093)	7/29/1999 7:12:00 PM
From: Michael P. Michaud	Read Replies (1) \| Respond to of 29970

<<<You seem to have a problem relating to people.>>> And your point regarding that statement is...??? <<<You are somewhat abrasive & completely unappreciative of fellow SI members who take the time to assist you who don't have to & because you are too lazy to do your own research.>>> This statement is a vague generalization. If you had read several of my posts in Sept/Oct 1998, you would have found me gushing with appreciation. I assure you I know more about ATHM than you could ever imagine. That is why I got out at 155. I will reenter when you patzers leave. <<<Please accept my apologies for misstating that TWX is a controlling shareholder in ATHM; you are correct, its not as it operates its own service, Roadrunner.>>> Accepted, now can't we just get along? <<<Nevertheless, the point of my original post was to highlight that T does not necessarily control ATHM, nor are its interests completely aligned with ATHM.>>> How do you know this??? T has voting control, which is a hell of a lot more than it's ownership in the co. <<<You seemed more focused on flaming people trying to respond to your questions (ie. nghi vu) than making an effort to get to the bottom line of your question>>> Another vague generalization. How many people have I dissed who have truly helped, and I don't mean cheerleading, or spurious posts like yours. My time is limited. This message board isn't for hand-holding.