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

To: Larry S. who wrote (28689)	7/23/2001 11:43:24 PM
From: E. Davies	Read Replies (2) \| Respond to of 29970

6 billion dollars in lalaland currency One would like to think that. In reality its not that simple. The people who they issued shares to turned around and sold the stock. Got real dollars for it too that came from shareholders pockets. Also ATHM floated a bond ($500 million if I remember) to buy Bluemountain. Such different times. do they lose more money the more subscribers they have? Nope. The more the merrier. Slowing down the rate of growth is good for near term profitability however. Less money spent on building for future customers who are not providing revenue yet. My best understanding is that EBITDA positive implies that they are close to cash flow positive and still some distance from GAAP profitable. This because there is a lot of interest and depreciation in all that networking equipment. Eric Hey- I got an idea. We sell all of excite back to the people who sold us bluemountain. They give us 10% of what we payed them. Sounds fair. They kinda owe us. Besides, its pocket change to them. I bet they could even turn the company around.