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

To: Richard who wrote (24308)	7/30/2000 2:15:27 PM
From: hdl	Read Replies (1) \| Respond to of 29970

What is the Cablevision suit about? If this was stated on the thread, please tell me which post to read.

To: Richard who wrote (24308)	7/30/2000 5:30:43 PM
From: ahhaha	Respond to of 29970

No, it couldn't because on July 18 ATHM entered into a merger agreement to create an entity called "Excite - Chello" which will IPO next year. ATHM's subs growth has slowed for various reasons and so various analysts have downgraded the stock. The company has said it will expend a good portion of its marketing resources to boost international subscriber growth. This doesn't do much for earnings expectations. The tech stocks have been under nasty retreat. The result of these items has been a plunging stock price. The paper shuffle between cable partners has little material effect on earnings.