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To: KailuaBoy who wrote (17389)12/1/1999 1:29:00 PM
From: JayPC  Read Replies (2) | Respond to of 29970
 
Excite@Home Chmn/CEO Files To Sell 500,000 Common
Shares

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Updated 8:09 AM ET December 1, 1999

WASHINGTON (Dow Jones)--Excite@Home (ATHM)
Chairman and Chief Executive Thomas Jermoluk registered
to sell a total of 500,000 shares of the company's common
stock, according to Form 144s released Wednesday by the
Securities and Exchange Commission.

A Form 144 indicates an intention to sell restricted stock. The filing of a Form 144 opens
the door for an individual to sell the shares but does not definitively indicate when, if ever,
the actual sale of the shares will occur or has occurred.

The filings indicate Jermoluk intended to sell 250,000 shares on Nov. 23 with Merrill
Lynch as the broker. Jermoluk also intended to sell 250,000 shares on Nov. 24 with
Morgan Stanley as the broker.

Both transactions were due to take place on the Nasdaq Stock Market.

Excite@Home uses cable TV systems to provide Internet and other online services to
consumers and businesses.

-Todd Goren, Dow Jones Newswires/Federal Filings Business



To: KailuaBoy who wrote (17389)12/1/1999 1:39:00 PM
From: ahhaha  Read Replies (1) | Respond to of 29970
 
Makes a lot of sense. Tracking stock is just a way to condition the public for their coming spin-off of Excite!?. It's also a way for Jermo to exit gracefully from what is now perceived as a mistake. You can cut deals with those who provide stuff at the end of the line, but at some point you have to distinguish between what you do and what lies within the proper purview of another company.

For the doubters that Excite!? is a joke as long as it is ersatz glued to ATHM, just check the @Home representation within a browser. It's an awkward piece of pretentious junk designed by smart people who have learned all about what is true and right for site presentation. The word "Excite" does not belong in front of @Home. That space is reserved for users. Att@Home, Kailua.Boy@Home, Cox @Home, AOL@Home.

By eliminating Excite?! deals with AOL can now advance. I know you haven't but some have entertained X buys Y patzer thinking wrt AOL. Ain't gonna happen. All those clowns jawed about what is impossible and what isn't in anyone's interest including patzers. Now it's no longer operational. Ho hum. Just another gum beating non issue. AOL needs both cable and DSL, so AOL will make agreements to become available in those "spaces".

Spaces? We use the term a lot in math and physics, but when you see it in econ it means nothing in particular and everything the user needs it to be later.