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

To: andrew wu who wrote (3798)	1/2/1999 11:25:00 PM
From: ahhaha	Read Replies (1) \| Respond to of 29970

TCI is not ATHM's parent. TCI is one of several MSOs who own controlling interest in ATHM. No MSO has a majority. TCI owns about 40% of the issued common A shares. These shares are not available for trade and are considered "locked up". TCI and the other cable partners sit on the Board and try to help the company achieve what is obviously mutual goals. Nonetheless, ATHM is an independent company, will remain that way if the T-TCI merger goes through, and has an independent management without strings from the cable partners. The partners could change management because they have controlling interest, but it is extremely unlikely that that would happen. Concerning installation. The installation is more involved than you suggest, unfortunately, and usually requires a team of two no less than 1/2 hour to check the premises wiring, setup software, install in-house hardware devices, and put the trash on the housewife.