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: Jing Qian who wrote (14266)	8/12/1999 4:12:00 PM
From: ahhaha	Read Replies (1) \| Respond to of 29970

Yes. it means a reduction in wild price action in th stock traded for a meaningful but slow advance. This is the nature of quality and it is a way to keep their current strategy however weak it is. If a company builds slowly on good points and ignores Wall Street, big biz, and all the rest of the loser's scripts, its stock will outperform just about everyone else. It's the company that must perform and that would be achieved by creating or embracing the upper tier. No one bothers to compete with you because you have an inferior 20% ROE. The 20% though is easily managed and enables managers to do great things which adds to value. A growth rate higher than this with the scale ATHM is expected to reach even under a high price sticker would be impossible. Once your company exceeds $5 billion it is suicide to attempt to run at 30% per annum. Variance of return rises dramatically. There are exceptions like MSFT, but the faults are already in place to wreck MSFT. The big challenge isn't rapid growth, it's steady growth. It's only in the latter where you are justified in holding for the long term.