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


To: FR1 who wrote (23554)7/14/2000 10:19:55 PM
From: Jack Hartmann  Respond to of 29970
 
OT: random thoughts Blow-outs will keep going up.

Even as an ATHM holder, I can't see a blowout coming. Earnings estimates per Zacks is (0.11) for the quarter. First call is (0.12). Analysts quoted in link below contradicts themself with the (0.13) EPS prediction and the strong buy.
biz.yahoo.com

Maybe (0.08) would be the surprise, but these are secondary to the subscriber numbers with the present management strategy of increasing this total. Only number I heard bounced around is 1.9M subscribers for the halfway point of the calendar year.

With SDLI and GLW preannouncing earnings in late May, the optical network for ATHM to grab in the future has to be increasing at a faster pace than last year. Those two stocks went up 50% in four days. Those waiting for the dip missed out on the rally. If the subscribers numbers are on track to exceed 3 million this year then maybe the stock will get a further lift.

Volume peaked at around noon as the sheriff noted. The afternoon decline was on very low volume compared to the 11am period.

Jack