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


To: Racso who wrote (13409)8/3/1999 2:36:00 PM
From: Uriel Yepes  Read Replies (1) | Respond to of 29970
 
George Bell denies the rumor and most likely a joint business venture is what is in play. This made no sense at all from any of the cable companys point of views. Although the issues brought up were interesting Why would T sell away the key piece of their pie? Look foward to big deals with several of those before mention content companies. IMO T and @home are going to give these content providers a gateway to their portals for cash or even better percentages. This translates to open access. Long term shareholders should be happy with this news of denial because that most likely would have taken our shares and diluted them substantially. It sounded like an awesome deal for yahoo. Athm long term market cap is going to be massive why give it away?



To: Racso who wrote (13409)8/3/1999 9:45:00 PM
From: Educator  Read Replies (1) | Respond to of 29970
 
"ATHM's 339.19mm outstanding share information comes from Bloomberg. The free float, however, is only 231.99mm shares."

Racso- Thanks much for the clarification. The 17 billion dollar deal would amount to a whopping $50 per share. You and Ahhaha are correct, nothing to write home to Papa about. It would take a 25 billion plus deal ($75 per share) before most ATHM shareholders (especially me!) would get excited. That article Eric Davies posted said it all.

The unfortunate thing is that many people bought ATHM shares as it climbed to the 198. My brother bought some at $160. He has held those shares. He would never see the light of day with a Yahoo deal. I'm sure there are others like him.

Thanks again!

Ed