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


To: hdl who wrote (26472)11/21/2000 5:03:41 PM
From: E. Davies  Respond to of 29970
 
this stock is down over 85% from the high for the year

CMGI is down from 150 to 12 3/4.

The problem is that people do not realize that ATHM was never as grossly overvalued as all the .com junk out there. Now it is grossly undervalued but it will continue to go down until they start making money.

Get that ATHM? MAKE A PROFIT! Ok?

I believe that T could buy out the whole float for less than they owe on the puts. I wonder why they make no effort to prop up the price.

Eric



To: hdl who wrote (26472)11/21/2000 8:16:46 PM
From: Solid  Respond to of 29970
 
this stock is down over 85% from the high for the year.

If you read the character credits at the end of the new make on The Grich That stole Christmas, you'll see Al Gore replaced Jim Carey.

That sounds way too optimistic considering the rout going on. How about down 92% from its high, period. Much more dramatic, though much less informative. But this kind of hype is much more in line with the type of media reporting that we now must endure. Gone are the days of factual reporting. Welcome the era of, "Get me a headline! I want controversy! Give me an edge or get a new journalism job!"

Yea, "ATHM now down 92% from its high!" Has a much more dramatic flare. Too bad so many others are in the life boats as well or it might make a major headline.

Why are we really down? Some analyst last week stated that ATHM was a short candidate and he saw it at 8. I do not recall who the gent was, but it matters not. Dukie Howser could say it and the market would respond in knee jerk fashion. Today Meeker and Blodget issued the kiss of death to AOL/Yahoo/Ebay/et al. Funny, Mary Meeker was a buyer of Yahoo in July around 100. The times they are a chang'in, might quick.

Funny that different sources saw it as one of the top 5 undervalued winners for January. E Graphs posted the link to that. I'll cast my lot there, though I will not hold my breath. Too busy holding my shares. <g> Dukie Howser could say it and the market would respond in knee jerk fashion.