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


To: M. Frank Greiffenstein who wrote (23965)7/25/2000 9:47:25 PM
From: E. Davies  Read Replies (1) | Respond to of 29970
 
I assume you mean May 9 where ATHM ran up to 28 on false buyout rumors put forth by CNBC then reversed right back down to end @20. It closed the next day below 19.

I remember that day very well. I've never forgiven myself for not playing it better. I just did the faithful "buy & hold" thing.

Bottom line is that the stock ran on a buyout rumor. Anyone who knows the company knows that such a rumor is completely absurd. T isn't going to be selling ATHM to anybody anytime soon. ATHM is T's cornerstone for the future.

Eric