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


To: psh who wrote (18218)12/25/1999 11:38:00 PM
From: Robert Skinner  Read Replies (1) | Respond to of 29970
 
Bad for the shorts good for the longs
13 1/2percent of ATHM stock (float) is sold short. there has been a lot of effort to keep the price of this stock down. however something like 83percent of the float is owned by institutions. I don't think the shorts are going to scare them out of this stock. there has been too much good news, revenues have been growing extremely well, end of year tax selling should be over, analyst perceive a stock price of 70 and higher.
the big fear that some investors seem to have in my opinion is open access. however I do not see open access as bad for ATHM. think about it, say a company like AOL is given access to the big pipe they will still need the infrastructure that ATHM has. This seems a no brainer to be of benefit to ATHM. AOL to offer broadband as quickly as possible IMHO. it would seem that companies like AOL would be in a revenue sharing position with ATHM. So in the short-term how could a big earnings deal with someone like AOL be taken badly.
possible deal with AOL see Steve Chase meeting in Colorado.
Shorts good luck, I think your going to need it.
Long and strong on the BIG PIPE.

:)