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

To: ALTERN8 who wrote (17236)	11/22/1999 12:57:00 PM
From: Richie	Read Replies (1) \| Respond to of 29970

A8, Thanks for the link, plenty of articles out there today all saying basically the same things. My understanding of the tracking stock is this: ATHM value = x Excite Media = Y Excite@home = X+Y, or Z With the official announcement of details regarding the tracking stock, a value will be placed on X and Y, with the number of shares received in Y being equal to Z. An example, say Z is trading at 100 and a shareholder owns 1000 shares. The value of Y is placed at 40, then on issuance day, X is valued at 60, Y at 40, and from that point on, X and Y trade independently. Now, of course, the 100 number is purely arbitrary, who knows what ATHM will do in the mean time. Not sure that I stated that correctly. Are these correct assumptions? Anyone? RichieH