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

To: JayPC who wrote (16692)	11/4/1999 5:01:00 AM
From: puborectalis	Respond to of 29970

EXCITE @HOME EXTENDING REACH Excite @Home is acquiring Bluemountain.com for $780 million. An additional $270 million stock earn-out in ATHM stock can be issued if Bluemountain.com matches performance targets. We believe the price is reasonable given Bluemountain.com's surprisingly large size. Bluemountain.com, is the Web's largest greeting cards publisher with more than 9.1 million monthly users and 10 million average daily page views. Bluemountain.com's combined home/work reach was 14.4% in September, making it the 3rd most trafficked shopping site behind Amazon and eBay, and the 14th most visited site on the Web. We believe Bluemountain.com site has similar qualities to Hotmail and ICQ as each have large user bases that have yet to be fully monetized and therefore easliy extends the reach of Excite's network. We remain confident that ATHM could easily reach 10 million subscribers in 2-3 years providing substantial potential upside to the stock. FROM INTERNETSTOCKS.COM