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

To: Larry Brew who wrote (1041)	1/3/1998 8:20:00 PM
From: Frost Byte	Respond to of 29970

The lock-up provision expires on January 8th....There are currently 10 million shares trading now, but 119mm outstanding, so there could possibly be a significant amount of selling pressure on ATHM....investors are unwilling to take positions until they see the full effect of the expiration of the lock-up. Furthermore, there is concern that TCI is concentrating more on the roll-out of digital set top boxes, and not on upgrading to 2-way HFC...thus slowing down the roll-out of the @HOME service. Also, in @HOME's filing in mid-November, they stated that their roll-out in Canada is progressing slower than expected. I am surprised the press didn't pick this one up.