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


To: Gary105 who wrote (770)11/26/1997 2:44:00 AM
From: Frost Byte  Respond to of 29970
 
From Wednesday's Wall Street Journal:

Over 2 million shares of ATHM have been sold short. Currently, ATHM has a float of only 9 million shares. (represents over 22% of the float).

Any positive developments at the co. (signing up new cable companies to the @HOME service, significant investment by MSFT, etc) could lead to a significant short squeeze....

Something to keep in mind.



To: Gary105 who wrote (770)11/26/1997 8:00:00 AM
From: ERM  Read Replies (1) | Respond to of 29970
 
Keep in mind that the 500 installs a week was only for Cox, and only for the systems in which they've launched @Home. I believe these are San Diego, Mission Viejo, Phoenix, and Omaha. Among this group I think San Diego launched first--not sure when the others came online. Moreover, installs are still difficult and time consuming. I don't think the 500 a week represents demand so much as a limited ability to supply. Installs should get easier with experience and new hardware/software (both consumer PCs and next generation modems).

As for Worldgate, in addition to relatively slow speeds, they use a proprietary browser that is really only good for "Worldgate optimized" sites. While you can view other sites, the experience is less than satisfactory IMO.