Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Educator who wrote (13407)	8/3/1999 1:56:00 PM
From: E. Graphs	Respond to of 29970

"Now money managers, I want you to listen to me. I'm going to say this again. I did not have acquisition relations with that man, Mr. Koogle (Yahoo's CEO). I never talked to Yahoo, not a single time--never. These allegations of acquisition are false. And I need to get back to work for the Excite@Home shareholders." LOL!!

To: Educator who wrote (13407)	8/3/1999 2:22:00 PM
From: Jeff Jordan	Respond to of 29970

The coordination of public responses of the two CEO's is what has me concerned...VERY UNUSUAL for any comments at all!A simultaneous denial...totally unbelieveable. Maybe they've learned something from Bill Clinton? Semantics? of the questions asked? I again refer to the Reuters source? very suspicious, Jeff

To: Educator who wrote (13407)	8/3/1999 2:33:00 PM
From: ahhaha	Read Replies (6) \| Respond to of 29970

You want to believe in this rumor!? It indicates Att is having trouble justifying the UMG and TCI purchases. It also indicates the Jermo's Excite purchase was a major mistake and ATHM is trying to extricate itself. The Businessweek article suggested that Doerr + Jermo and are at odds with Armstrong + Bell over what is a content providing cable company and if ATHM should become a content provider or creator or distributor. Att is realizing that implementation of the grand plan gets too close to perceived monopoly and the cost to contend everywhere to manage this perception is hopelessly high. Time for Att to cut and run which is exactly what a YHOO bail-out would provide. Att would retain some working interest but with reduced financial exposure. A cash offer seems remote but a merger could achieve much of the same goal without using what no one seems to have: cash. A merger would be necessarily dilutive of expectations and another level of ever-growing complexity. No one even seems to know what is ATHM's shares outstanding or who owns what ro controls what. The problem with all this is that it makes ATHM completely undefined and implies there is no one in the captain's chair. The rudder is loose. The patzers say Wall Street hates uncertainty. That's mindless drivel, but it could be applied here, since the visibility of future earnings is dropping to zero. X buys Y buys Z buys X. I guess Kailua Boy knows clever management strategy better than these execs. However, you are only concerned with instant gratification and so you think a purchase would be good for share price. You aren't looking at your cost basis. If they deal at 50 and you're stuck inside of a mountain of paper which won't designate earnings until 2050, tell me how justified your LOL is.