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

To: StaggerLee who wrote (2586)	7/29/1998 9:39:00 AM
From: fut_trade	Read Replies (1) \| Respond to of 29970

I'm glad I sold because it gapped down at the open.

To: StaggerLee who wrote (2586)	7/29/1998 7:05:00 PM
From: Hiram Walker	Respond to of 29970

StaggerLee, but thats a lot of shares for a company doing 9 million in revenues or so a quarter. On the good side,it lessens the loss every quarter,the more shares they have. They went from 100 million to what you say is 150 million,really cuts the loss by 50%! Wow that should really blow away the estimates. I like the technology,like the company,but scared of the stock. It could take a major hit to the low 20's with all the supply that will hit the market soon. Remember the stock market is only marginal supply-demand nothing more,it has very little to do with fundamentals,more to do with the equilibrium. Hiram