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

To: gpowell who wrote (19973)	3/7/2000 2:28:00 PM
From: Rob C.	Read Replies (2) \| Respond to of 29970

Distribution is an understatement, I feel that buying the stock here has little downside risk and much upside potential. I would be shocked to see it break 26. So the question is do you start buying now or do you wait for 29 on the way up in the hopes that it gets slammed further? I guess that is what makes a market. My average on my 4,000 shares is 33.02. I guess I should have waited to buy, but I am always early. Regards, Rob

To: gpowell who wrote (19973)	3/8/2000 9:55:00 AM
From: GraceZ	Read Replies (2) \| Respond to of 29970

"mortgage the house" ....regardless of ahhaha's advice to not buy until a stock comes out of base. Suppose you owned a company that had 5 divisions. Four divisions are making money but one division is losing money, not only is it losing money but the rate at which it is losing is accelerating and it shows no real sign of turning back up (just your hope that it would). Now if this were my company, I'd be looking to reduce my exposure to this losing division to protect the profits of the other divisions, not taking profits from the others to prop up the flagging division. I'd be using my profits to expand the profitable divisions....it only makes sense to do this. Now show me proof that this stock is starting to climb out of it's hole and I'll be right in there.