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

To: Marc T. Archer who wrote (13267)	8/2/1999 9:57:00 PM
From: Panita	Read Replies (3) \| Respond to of 29970

The key is how the market is going to take the news. If they believe this is an AOL killer the stocks of YHOO and ATHM will soar. If they believe the deal stinks and YHOO drops there will be no deal. One thing is for sure shorts with a position in ATHM are going to cover quick in the morning if they have 1/2 a brain. BW says that the deal is for 17 billion which is based probably at the YHOO's current price. If market likes the sound of this deal YHOO could be bumped up to $200+ then ATHM could get a much bigger premium. BCST needs the big pipe to max its potential. One thing is certain. It looks like a good night sleep for the longs and a restless one for the shorts.