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


To: Juergen Luellig who wrote (19120)1/20/2000 4:54:00 PM
From: Peppe  Read Replies (1) | Respond to of 29970
 
1.15 million cable subs...



To: Juergen Luellig who wrote (19120)1/20/2000 6:07:00 PM
From: Don Pueblo  Respond to of 29970
 
Juergen, they met the expectations. They would not announce a big earnings surprise, any additional money they make would be invested back into the company.

This company has done exactly what they said they would do...and they hit their one million subs target last month, ahead of schedule.

A few block trades after hours, but mostly the day traders unwinding their gambling positions. The stock is holding at 41 1/4 as of 5:55.

My chart says the next resistance point is 51 7/8, about a 38% gain from where the stock is now. The stock has a good base formation here, if you own it anywhere near where it is trading now, you should be fine, IMHO; and any backoff below 40 would be a good entry point I believe.