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

To: TokyoMex who wrote (2706)	8/31/1998 5:09:00 PM
From: David Harker	Read Replies (1) \| Respond to of 29970

>had to average down I also bought more ATHM recently, in the 40's, too soon, of course. I "averaged up", how have avg cost = $35, but will makes tons of money on ATHM as it climbs to 1 million subscribers, then 2, 3, 4, ... keep in mind that 20% penetration rate of the 60 million homes that ATHM has access to = 12 million subscribers. AOL has that many now, and with high speed cable access, esp. thru set-top boxes, the market will grow in ATHM's direction. Same as adoption curve for VCR's for instance -> 1st users = hobbyists, then price fell, now VCR's are as common as telephones... when ATHM is as common a brand name as AOL is now, those of us who hold this long-term will be rich by then...