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: The Barracuda™ who wrote (23195)	6/18/2000 3:24:00 PM
From: Madharry	Read Replies (1) \| Respond to of 29970

I have no strong feelings about your post. I do have strong feelings about people who supposedly have fiduciary responsibilities and win big no matter what happens to the investments of the people that they are supposedly responsible for. I very much doubt that most people who purchase IPOs are aware of the huge potential dillution awaiting them as management, directors, and other insiders cash in their .40 and .50 options. The fact that ATHM management can be raking in millions of dollars while investors see their equity positions cascade downward makes me steam. When management makes so much money selling stock why bother with the busines? Hence I believe TJ is no longer actively involved with the company . Unlimited options is the disease of wall street. There are no incentives for managers to own stock and put their own money at risk and they have every incentive to focus on short term events that will move the share price explosively, exercise their options and move on.