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

To: Jing Qian who wrote (13517)	8/4/1999 4:07:00 PM
From: ahhaha	Read Replies (1) \| Respond to of 29970

Your pessimism is growing with the growing bear market. You've never seen a bear market since one hasn't occurred since the '70s. At the end of the bear you will wish you had never owned ATHM, but you won't sell because you will know that I'm watching. It will be the sole reason for holding and it will make all the difference. You forget that Att did not buy ATHM and that it is necessary to look at distribution as a separate market from presentation. Does Sprint need ELNK? Does AOL need PacBell? It's irrelevant. What is relevant and is part of open access is that distribution will have to be open to all comers. In that regime how important is Att to ATHM? Not very and no more so than COX or UMG. The FCC is protecting the nascent BB market. That's ok. Eventually it won't be. By then Att will be substantially out of the presentation market where they have stated they don't want to be. ATHM is being shoehorned into a privileged position by the nascent market protection. This is pumping the stock with unrealistic expectations. I would have preferred for ATHM to have gone it alone struggling with everyone and being forced to create the absolute best to survive. That is what pays off big over time, not the guaranteed existence that comes from big company manipulators and permits frivolous behavior like escapades of the Excite? nature. If the hard way had occurred, the stock, and more importantly, the company, would be farther along even with half the subs. Instead the company has had their focus diverted by the big money syndrome. Hubris ends in folly. And what exactly has Att done for ATHM?