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: E. Davies who wrote (23654)	7/19/2000 9:36:45 AM
From: G_Barr	Read Replies (1) \| Respond to of 29970

However it's crystal clear to me that the market would never have allowed it. ATHM (the stock) would have been severely punished. You print paper with "ATHM" printed on it and the market flushes it down the toilet. Everything @home has bought has rapidly dropped to a valuation of zero in the eyes of the market. The negative sentiment is amazing. Just look at the faces on CNBC when ATHM is mentioned. Its like someone had just urinated on their feet. Its also amazing how most of the criticism is just plain stupid like dsl will crush cable or some other nonsense. The bottom line is ATHM has to take the course that will maximumze future earnings for when the earnings show up the sentiment should take care of itself. This is not easy for a company which uses stock as its currency for acquisitions and for employee compensation. Call me crazy but I still am bullish long term as I see reason why their subscriber growth will slow or why they can't become the dominant player in the braoadband distribution business. Has this continued growth been hidden by the stagnant growth of Excite. Yes. Sequential revenue growth of less than 8% as ATHM had last quarter will not cut it for a growth stock with no earnings. This in a quater where the access business grew by nearly 50%. It seems to me that Bell must either make that case that Excite can and will grow or he must jettison it.