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: milo_morai who wrote (29750)	12/5/2001 12:20:21 AM
From: Larry S.	Read Replies (1) \| Respond to of 29970

The final insult: dailynews.yahoo.com ATHM can't even sell itself in bankruptcy. will just fade away. bondholders will likely get less than what T was gonna pay. bye bye ATHM, you POS - i think i will send a Blue Mountain Condolence card over the Excite Portal to Patti and Tom. larry

To: milo_morai who wrote (29750)	12/5/2001 1:25:08 PM
From: FR1	Read Replies (1) \| Respond to of 29970

The article completely misses the main point: ATHM was never a corporate business. It was a extremely loose general partnership with nobody in charge. T recognized this shortly after becoming a partner and that's why they paid zillions to convert things to where they were in charge. Unfortunately, in the meantime TJ and the kids destroyed the company to a point that it could not be rescued. My favorite part of the article - TJ snatches defeat from the jaws of victory: Excite was already in serious merger talks with Yahoo, its largest competitor. The two had all but finalized a deal in mid-December 1998, with Yahoo agreeing to purchase its portal rival for a price between $5.5 billion and $6 billion, sources say....Then, on Dec. 19, @Home's Jermoluk met with Excite Chairman and Chief Executive George Bell, according to documents filed with the Securities and Exchange Commission. Both companies' fates would change forever.