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: Jeffrey D who wrote (15836)	10/2/1999 11:41:00 AM
From: Panita	Respond to of 29970

Is funny that H&Q reiterates a buy on ATHM. Did you know that AOL CEO Steve Case brother is CEO at H&Q? It is good thing that AOL stock is going up. If a deal is made with AOL it will involve stock swaps. AOL does not have enough cash. AOL stock will go towards its all time highs since the problem of the lack of broadband will be solved. With regards to stock swap to get Cox, Comcast, AT&T on board a deal would have to be at $125 (where analyst have set their targets) that would be 1.15 shares of AOL. Prudential, MER*, Jeffries and other big $ houses are loading up before reiterating their strong buys. Why do you think that this time they have not come out with comments on the ongoing speculation of an ATHM/AOL deal. In the past Pru, MER, etc would come out with reiterations of upgrades when rumors would surface. Now that AT&T has said that ATHM is in play they are loading up before issuing upgrades. IMHO look for upgrades by Monday October 11. That week will be at $65-$75 where ATHM trade in late May 99. The upgrades could come earlier but until they are done loading up no words. One thing is certain. If a deal with AOL happens. It is going to hurt the likes of Prodigy, MSPG/Earthlink. *MER just my speculation. MER new HHH internet unit trading in the AMEX has AOL and ATHM weighing the largest % of the unit. They want HHH to end the year with a big bang. If in the end it turns out that MER was advisor in the merger, it would explain why ATHM and AOL are number 1 and 2 in the internet unit. (Voluntary Disclosure: Position- Long; ST Rating- Strong Buy; LT Rating- Strong Buy)