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


To: Bill Wexler who wrote (532)10/21/1997 4:22:00 PM
From: IKM  Respond to of 29970
 
Pure momentum, aka tulip bulbs.



To: Bill Wexler who wrote (532)10/21/1997 8:07:00 PM
From: Frost Byte  Read Replies (2) | Respond to of 29970
 
Since when is @HOME "bleeding enormous amounts of cash"?

They've got $132.7mm in cash & cash equivalents and had cap ex of only $7.8mm last quarter. It is the cable companies, not ATHM, that need to spend the $$$ to upgrade to 2-way HFC cable.

This company has absolutely everything going for it, and investors are willing to pay for this future growth. I would suggest you watch your short very carefully....the float is only 9mm shares, and pretty soon everyone is going to want to own a piece of this company:

In related news, Intel announced that it will receive
a warrant from @Home, still subject to approval,
for the purchase of shares in @Home at an
unspecified price. Intel previously disclosed that it
already made a "non-material" investment in the
company.