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

To: MIKE REDDERT who wrote (21716)	5/4/2000 12:16:00 AM
From: KW Wingman	Respond to of 29970

I agree with you 100% on this <I submit that you are required to care what the investing public thinks about ATHM> I care very much what the investing public thinks about ATHM. You can tell that I care, that is why I don't like people trashing the company with no supporting facts. If people provide solid facts I will not complain. <otherwise what "greater fool" will buy it when you wish to sell ?> You don't have to worry about the "Greater Fool" now. The "Greater Fool" is shorting ATHM or buying whatever is in favor. The person who buys now is smart, not a fool IMO. At some point in time, ATHM stock will become very popular again. The stock will be selling for a much higher price than it's value (as defined by various methods), you will then have to worry about selling to the greater fool. < forcing you to become a "trader". > I don't think you are forced to become a trader, it is your choice. <I assert that management is responsible for shareholder value and that if "99 people out of 100 " thinks their stock is worth dog dirt, they need to take a serious look at their convictions. On a a practical basis, what currency will they use to attract talent and compete ?> The number is not actually as high as "99 people out of 100 ". Even so, you are correct. If a high percentage of people think the stock is worth dog crap, management needs to take a serious look at their convictions. <So... what catalyst for fundamental change do you see that is invisible to that 99% ? > I wish I knew but I don't know the answer to your question. I don't know what the catalyst for change in stock price momo will be. IMO, the fundamentals (growth) are on the "Long" side. It is just a matter of time before the stock becomes popular again. An investor needs to think long term and not worry too much about the current stock price.