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

To: E. Davies who wrote (13787)	8/9/1999 7:41:00 AM
From: Educator	Read Replies (2) \| Respond to of 29970

"This is gonna hurt big time. The words inside are not so bad if you were to read it carefully, but the headline is deadly." Eric- I agree. Let's face it, Excite@Home has been effectively kicked out of Momma's nest. Those words of Armstrong were tough for me to swallow: "Then, AT&T's Chairman C. Michael Armstrong, an At Home director, expressed concern that AtHome's business of using cable modems to hook up Internet users might not be a "great strategic fit" with Excite's Web portal service, according to a person at the meeting. The source quoted Armstrong as saying it might make more sense for AtHome to focus on high-speed communications links, while considering selling or spinning off Excite's Web content business, the Times said." Armstrong's words sure do undermine Excite@Home's strategic plan. T's protection of ATHM was nothing more than sunscreen that has been effectively washed off by the waves of cries for open access. I feel a nasty burn coming to my Danish fair skin. Damn. Notice how the above source has even dropped Excite from the new name. Heck, you would think they weren't even a part of the company now. T's share price has plummeted amid concerns of open access. Armstrong is now doing what is BEST for T, not ATHM. After all, I can't blame him. That's his job. T will be a winner with access to AOL's huge customer base. I would give anything to know what is REALLY on the minds of Bell and T.J. I take my hat off to those of you who saw this coming. Ahhaha, you should be pleased. This is what you predicted and wanted to see happen. It is only a matter of time when open access (competition) will be here. The puzzle may also be coming together concerning the future of Excite and its relationship with @Home. It will be a very interesting day. It makes me pleased I finally purchased some AOL stock. I know what that stock will do today. But ATHM? It better learn to start beating those wings and fast. The canyon bottom is coming into focus. Ed