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: Hiram Walker who wrote (2470)	7/14/1998 12:38:00 AM
From: ahhaha	Read Replies (1) \| Respond to of 29970

You have us. I deserve some blasting because I've been a little hard on John M. And you toned down when TCI opened the DWDM doors. Bob is only suggesting that you are suffering Ahabish monomania. Avast. Come about and sail out of those waters. Since the 1994 news conference with Bellsouth John M. has been determined to bring broadband services to the home. He has been almost alone in this effort. It was his pushing that caused ATHM to be formed in the first place. His vision would have been already off the runway had not Congress re-regulated the telecommunications industry with the '96 Act. For 2 years that Act has prevented critical infrastructure investment by preventing companies from offering joint local and long distance. The concept behind the Act was that such prevention stops too much market concentration in a few hands. It's an abstract goal which doesn't appreciate that the airplane weighs too much to be lifted by a rubber band. If you want to fly, you have to make the return on take-off worth the risk of crash. Else, no one wants to taxi. Malone needed the runway to be upgraded but couldn't afford it alone. Congress effectively prevented anyone else from collaborating in building the expensive runway. It's better for everyone to be poorer than everyone to be a little better off and a few rich our leaders believe. The most important concept underlying modern law is the need to preclude the creation of wealth. That's the legacy of the 20th century and John M. is saddled with it. The grubby performance of HLIT, ATHM, IATV, and many others is testament to that. The junk is aloft, but something good has to await the demise of stupidity. The three of us have been here since the beginning. You owe us at least your continued appearance. I'm here because I believe in the subject of this company. I don't think much of the directors, managers, analysts who follow her, the rest of the industry. They're all hacks. I still believe that this company in spite of all that and in spite of Congress and everything else, is going to do extremely well. So I expect you will be doing well too. With a little help from your friends.