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


To: ld5030 who wrote (16517)10/30/1999 2:08:00 AM
From: ahhaha  Respond to of 29970
 
Your fears and criticisms are completely justified. That's why the stock is low. That's why I've been blasting the company for many months. Since January. You're comment on goodwill is true, but goodwill has value. The value is perception and so in hard times it is low. We aren't in hard times. The stock is still wandering in a base. It was in the base at 99. So you have to look at this stock as though it is a $1/shr cat. It fluctuates between $1 and $3. When it nears $3 it turns into a dog. The company has 4% of its assured market. It is so primitive that it is amazing Fremont and TCI didn't sink her. What is in that goodwill? The advantage of the pioneer. Consider the breakout above 3 into virgin territory.