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

To: Harold S. who wrote (13725)	8/7/1999 4:52:00 PM
From: Educator	Respond to of 29970

"I have never invested in ATHM but was wondering whether now is the time?" Hi Harold- That's a tough question. Many of us have bought ATHM on the way down thinking there was some support, and it could not go lower. And guess what...it did. It also looked as if the Internet stocks were rebounding until interest rate worries were stirred up on Friday morning. Had those numbers been more favorable or benign, ATHM would be at $50 now, and other Net stocks would also be up. Ahhaha has been criticizing many of us for buying on the way down. The problem is absolutely, and I repeat, absolutely no one knows where the bottom will be. We may have already hit it in the high 30s. It may go to the mid 30s, low 30s, high 20s. Who knows? It's like one analyst said on CNBC, and I'm paraphrasing, "By the time the Nets have hit the bottom and rebounded, it may be too late." He was trying to say that getting that rock bottom price is difficult. If you feel the price is reasonable and you are a long term investor, you might as well go for it. Remember, ATHM is nearly 60% off its 52 week high. That is quite a drop! How much more it will drop is anyone's guess. When I bought my first house, the realtor commented on interest rates sometime after we had secured a loan. She said, "You may not have locked in at the lowest rate, but you sure didn't locked in at the highest either." We would ALL like to buy ATHM at the very bottom, but that is nearly impossible. Just like very few of us bought at 198 pre-split. We are all somewhere in between. Those are my two cents. I wish you the best-of-luck, and I hope you are lucky enough to buy at the rock bottom.:0) Ed

To: Harold S. who wrote (13725)	8/8/1999 10:07:00 AM
From: John Carragher	Read Replies (1) \| Respond to of 29970

Harold don't know if right time but made a small purchase on Friday at 42 for my kid. Of course my original costs were almost double that figure.<g>