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

To: johnd who wrote (1062)	1/5/1998 5:23:00 PM
From: Bob Zacks	Respond to of 29970

It's a risky short but it's your money. I would think one would choose a poorly managed co with a dwindling future poor managment. You won't find that here a @home . Their market is just now emerging . Read the prospectus and check out the players and board members. You would not be alone shorting @Home about 25% of the entire float is shorted .

To: johnd who wrote (1062)	1/5/1998 7:01:00 PM
From: Sowbug	Respond to of 29970

In the words of The Motley Fool, don't short "open" situations. ATHM could issue a press release tonight stating that they've developed new high-bandwidth thought wave transmission capabilities that will bring world peace to all and great prosperity to their shareholders -- an exaggeration, true, but tech companies sure can surprise you. More realistic, what's stopping some crazy analyst from setting a $80 price target for ATHM, kind of like what happened with RMBS in November? Yeah, sure, you could make money on a short of ATHM, but it's risky --tech companies aren't "closed," like (Fool's example) Bed Bath & Beyond -- a retail shop that isn't going to discover cold fusion tomorrow.

To: johnd who wrote (1062)	1/5/1998 9:33:00 PM
From: Paul Weiss	Respond to of 29970

John-- Even though I'm long ATHM, I think you SHOULD short it... if that's your inclination. People watch their investments closer than their ideas, and watching this one would likely convert the doubter. Besides, shorts eventually need to cover. And I'll still be long. Okay, truthfully, I am very much the skeptic, disbelieve most of what one reads at SI. ATHM is a unique situation, though. If you've come this far, you probably know the story. So my question is what about the story causes you to question the potential of this company to catch up to the (fundamental) numbers? Regards, Paul

To: johnd who wrote (1062)	1/6/1998 1:37:00 AM
From: Bud Fox	Read Replies (2) \| Respond to of 29970

From a short term Technical stand point, shorting at today's close - 23 15/16 is probably not a good idea. @Home has been trading in a range between 23.5 and 26. Last week it again failed to break out of low 26 range on weak volume. Today it tested the 23 range before reversing and finishing near the high on fairly heavy volume. Most times that signifies a short term bottom. However, if it closes beneath 23.5 in the next few day that would suggest a test of 20-21. However, if todays reversal holds a re-test of 26 is more likely occur. If you want to short wait till the next run to 26 - 26.5 range and watch for drop in volume. This has preceded the last two short term tops. Look to cover at 23.5 and with a little luck it might break down further. Personally, I am currently long this stock, having shorted at 26 and covered at 24(way to early, but safe), then buying back at 24. If you decide to go short, keep extremely close watch. ATHM will soon break out. Until then play the cycle.