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

To: ahhaha who wrote (19769)	2/20/2000 8:49:00 PM
From: Educator	Read Replies (1) \| Respond to of 29970

Post 19732 to JJ: "That assessment was right. The stock went from the mid 40s to the low 50s reflecting the expanding prospects and then failed." Post 19763 to Mad Bomber: "I have some ideas about what is the problem, but I need to know if you live in a single family dwelling or an MDU and I need the above questions answered." Post 19769 to Wingman: "Ah, my good friend, Wingman. You shouldn't be too concerned about ATHM stock price. It doesn't have much if any downside risk..." One post recognizes a correct assessment, another post lends helpful tech assistance, and the third offers a peace pipe. You keep this up and you're actually going to become likeable. Ed

To: ahhaha who wrote (19769)	2/21/2000 1:49:00 AM
From: KW Wingman	Respond to of 29970

Ah ha ha my good buddy, I do not see the post of 12/9/99 to Jochen. I do see a post to psh on that date: <<< To: psh who wrote (17726) From: ahhaha Thursday, Dec 9, 1999 12:50 AM ET Respond to Post # 17730 of 19776 No. The company is going to blow everyone's mind with what's coming. I haven't been as excited about the old girl's prospects since I was alone and buying at 19(old) when she was pronounced DOA. While all that bid up junk which depends on the success of the old girl hits the skids, she'll be powering straight up. In case anyone has forgotten ATHM is the most important corporation in the world. It's so laughably true that you could only see this from outside the carnival that is Wall Street. The best and the brightest from the hot money world have given two thumbs down on ATHM. They're getting out fast, just in time. Before a terrific move a stock must get rid of the unbelievers and the trading trash. The farther it takes you to the wall, the bigger the ensuing move. You have Wall Street's word on it. ps. Altern8 deserves a lot of credit for standing up when the going was toughest >>> << Message #19769 from ahhaha at Feb 20 2000 7:29PM Ah, my good friend, Wingman. You shouldn't be too concerned about ATHM stock price. It doesn't have much if any downside risk and I totally agree with my post of 12/9/99 to Jochen. >> When you are bullish, you are really bullish. I am pleased to see you currently feel this way however I fear you may change your mind and turn into a Cantankerous old bear when the moon approaches it's full phase. (I hope not) <:} << The problem is that the company has to address and solve their problems. Until they do that any move up will be suspect. This is a base and you hate to be holding while a company is in a base. You watch them when they are there and when they start coming out, you DON'T buy. You wait until they fail again and then if fundamentals are somehow subtly improving and they put in a higher bottom setting an uptrend, you buy a little. If it continues up, you buy more. If it doesn't, you hold, you don't average down, but you should consider selling. >> I believe you may be correct in your short term evaluation. Selling my ATHM stock now is not for me. I feel very positive about the company in the long term and I believe the company has little downside risk in comparison to many of the stocks that have ran up recently.. << If the market goes down, ATHM won't follow. If the market goes up, ATHM will jump up and then dwindle just like it has been doing. You don't buy into these jumps without fundamental development, but you might sell because you don't have to own anything and there are many better opportunities out there that are patently obvious. If you don't take this view, you're not being objective. You're married to your own prejudice. If this is true, you should sell regardless simply to break the functional fixation of a feckless marriage. >> Yes it may appear that I am married to the ATHM stock and that I am not being objective. There may be many better opportunities out there but these opportunities are not patently obvious to me. When I weigh risk/reward in these ideas against ATHM I find it is best to hold ATHM. I perceive that the my risk/reward ratio is better in ATHM than it is in some of the current high flying ideas. I already have plenty of money invested and risk in these (what I consider) higher risk ideas (including several stocks that you are apparently invested in). My high flyers have produced a very nice gain for me last year and I beat NASDAQ even though I am down about 20% in my largest position (ATHM) (my cost in the 50's). Yes, if I had perfect hindsight I would have sold at 90 or so and bought back at 33. YTD 2000, my portfolio is down about 5% (mostly because I have been buying REITS). I don't normally follow the penguins, they are wrong or late most of the time anyway. I have bought about 50 thousand shares of REITS in the last six months. I am early, these REITS are way out of favor, hated by the market. I don't care, I intend to keep buying. This allows me to buy more shares. IMO, REITS are an unbelievable value by historical standards. These shares will generate about $100000 of yearly income which can be used to buy more stocks in REITS or high flyers. ATHM has become a value stock in my way of thinking and yet it is a super growth stock. I think long term, ATHM is not one for me to sell.