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

To: 10K a day who wrote (21263)	4/21/2000 1:19:00 AM
From: MIKE REDDERT	Read Replies (2) \| Respond to of 29970

Sub Growth! I have a Lotus spread sheet that shows revenues and subs growing somewhat exponentially... and, I have a stock chart that shows ATHM's share price decreasing somewhat exponentially. It would appear from that negative correlation that investors and money managers are subtracting some variable x from sub growth and increasing the multiple of that negative variable in an exponential manner in order to arrive at the share price. The question is, what is x ? and why does x become greater and greater with time ? Mike