Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Ahda who wrote (21200)	4/20/2000 6:33:00 PM
From: RocketMan	Read Replies (2) \| Respond to of 29970

Darleen, have you seen that ATHM has 24M shares short, which is 24% of the float? That seems rather extreme, and could bode for explosive upside moves if/when it turns around.

To: Ahda who wrote (21200)	4/20/2000 7:26:00 PM
From: FR1	Read Replies (1) \| Respond to of 29970

Could it be the least costly way for T to gain more control of cable. Interesting. Let's see. T keeps the fund managers mad, disregards the stockholder, and allows the stock price to stay very low. In January Cox and Comcast put their shares to T. It costs T several billions of dollars but now T has control of ATHM both in voting and shares held. The problem with this picture is that the Cox/Comcast revenue sharing is still the same (no gain there), the voting power is still the same (no gain there), T is out big bucks (no gain there), and the cable vendors are more likely to leave for a better deal (they have nothing to gain from ATHM appreciation). It will also be harder to get agreement on cooperative cable ventures (phone, etc) because they have nothing to gain. Very depressed about all this. I just wish T would step up to the microphone and say something about future plans for ATHM. Since they are 75% of the voting power, you would think they have the responsibility to say something to the world. Even saying they plan to do nothing would give us a clue.