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


To: Schmedley who wrote (18844)1/15/2000 7:51:00 AM
From: Bob Zacks  Respond to of 29970
 
Tom Jermoluk audio on ON/24 interview.

biz.yahoo.com



To: Schmedley who wrote (18844)1/15/2000 10:41:00 AM
From: MIKE REDDERT  Respond to of 29970
 
<None the less, what we witnessed today could be likened to a bear being attacked by a pack of wild dogs; quite frenetic. I don't think this is over.>

What a difference a day makes... Jermoluk's upbeat profitability remarks are likely to put a floor of support under the share price, at least until 1/20... and a close over Thursday's high would break the declining tops line.

As to the latter, the market will dictate whether or not ATHM breaks the downtrend. The former, however, is quite likely. There is now a bona fide fundamental reason for ATHM to at least hold this level.

Mike



To: Schmedley who wrote (18844)1/15/2000 1:01:00 PM
From: E. Davies  Read Replies (2) | Respond to of 29970
 
Although judging by today's ruthless pounding of any attempt to rally, I would venture to say that there are some major interests out there who are determined that the ATHM chart doesn't get out of hand

All you need to do is look and it becomes extremely clear. Massive efforts have been made over the last few months to keep ATHM under and keep the momentum players away. I would never have believed it if I did not see it for myself.

Why? My only theory is that there are a major shorts out there who have been shredded by the insanity internet stocks and have picked ATHM as a workable target. Big float & not one of the majors (YHOO, CMGI, AOL etc).

Problem with pushing a stock down in a soaring market is that you can only push so far. Then it snaps back & bites you.

Eric