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

To: M. Frank Greiffenstein who wrote (21070)	4/19/2000 8:25:00 PM
From: Rob C.	Respond to of 29970

Guys, This is what we should be looking at, ATHM will not be alone anymore. The future is brighter than ever. Selling this stock under $20.00 is a big mistake. NEW YORK (Dow Jones)--Excite@Home Corp. (ATHM) has operated under a cloud of uncertainty ever since the company was created in last May's merger of Web-portal operator Excite and At Home, the largest provider of high-speed Internet access over cable lines. Investors questioned the wisdom of marrying Excite's Web content with At Home's Internet infrastructure. They also shied away from the company's convoluted ownership structure, under which its cable system partners - AT&T Corp. (T), Comcast Corp. (CMCSA), Cox Communications Inc. (COX) and others - owned stakes. The arrangement made it difficult for Excite@Home to move at Internet speed, investors believed. To try to solve these problems, Excite@Home and AT&T, which owns a controlling stake, had taken various baby steps before this week. But none was as sweeping as the series of moves announced Wednesday. As reported, Excite@Home extended its contracts with AT&T, Comcast and Cox beyond 2002, when the exclusivity status of these relationships expire. AT&T also widened its control of Excite and cleared the path for Cox and Comcast to shed their ownership stakes. In addition, Excite@Home said it would provide connectivity services on behalf of the cable operators when they open up their systems to other Internet-access providers in 2002. And Excite@Home abandoned its plan to issue a tracking stock for its Excite content division. Company executives and analysts think the moves clear up Excite@Home's future by simplifying its ownership structure and securing contracts past 2002. What's more, they think the moves will create new revenue streams for Excite@Home to help offset the potentially harmful effects of losing its status as the exclusive cable ISP in 2002. "Excite@Home's been serving too many masters," said William Blair & Co. analyst Abhishek Gami. "Whenever they wanted to go out and do a merger or other deal, they had to wrangle it out with AT&T, Comcast and Cox. And that's difficult because they're all competitors." In midday trading, shares of Excite@Home climbed 2 3/16 or 6.4%, to 36 1/2 on the Nasdaq Stock Market. (MORE) DOW JONES NEWS 03-29-00 12:10 PM

To: M. Frank Greiffenstein who wrote (21070)	4/19/2000 8:31:00 PM
From: MIKE REDDERT	Read Replies (2) \| Respond to of 29970

Why, with so many US households ripe for the picking, is ATHM embarking on a major broandband buildout of foreign countries? Yes, aftermarkets sometimes give bad indications, however there will be downside pressure tomorrow ...there is no real reason to chase this thing. Why buy strength when you are almost assured of weakness. As to your question... ATHM is chronically focused on everything, which basically dictates that they can focus on nothing. What they are doing comes as no surprise... it is vintage Jermoluk/Bell... we will have our fingers in everything, yet we will excel in nothing. Mike