SI
SI
discoversearch

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 (2528)7/18/1998 7:54:00 AM
From: Bob Zacks  Read Replies (1) | Respond to of 29970
 
<"Dilution from Certain Transactions. The Company has entered into agreements with Cablevision, Rogers, Shaw and Century pursuant to which the Company has issues warrants to purchase a total of 20,546,936 shares of Series A Common Stock. Under these agreements, warrants to purchase 10,231,298 shares of Series A Common Stock at $0.50 per share and 350,000 shares at $10.50 ">
Agreed this is dilution, but what does @Home get in return? Will ATHM get loyal equity partners and access to upgraded cable systems through most of Canada. It sounds like a good business plan to me. As far as dilutions effect on the stock price that is entirely unpredictable. Run your business well and all else will follow. Anyway if you wanted to invest in a boring CO. you would not have put your money in @Home.



To: Hiram Walker who wrote (2528)7/19/1998 3:33:00 PM
From: Herb Blair  Read Replies (1) | Respond to of 29970
 
Hiram,
Just got interested in ATHM . Is my understanding correct that they are an ISP delivering over cable and that they gave stock or warrants to the cable companies to induce them to use their services?
I agree that this does have tremendous dilution potential for ATHM but they are also as greedy as you and I and not likely to dump their stock if it causes loss for them.
Finally I wonder if this company has outlandish growth evaluation potential like AOL or AMZN.
Herb