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


To: Ahda who wrote (5145)2/7/1999 2:13:00 PM
From: Jing Qian  Read Replies (1) | Respond to of 29970
 
Crash or not crash? Those analysts have predicted a crash like 29 four years earlier and the market is still bullish. Even Alan Greenspan changed its tune to be more upbeat lately facing his obviously ill-fullfilled warnings. The simple fact is, if you are wise enough to listen to these predictions, you will miss the biggest run in history.

For me, I choose to look at the big picture:
1) No matter we'd have a crash or not, people have to make a living and Internet will be an important part of everybody's life.
2) Broadband is an unstoppable trend. @Home will benefit from this trend no matter what.
3) I am in ATHM for a long ride. The crash could knock ATHM down to where it was one year ago. But after the crash it will roar back.
A crash just can't stop technology from growing. The worst case is it may delay my retirement for one more year. So what!
4) There is a bright side of the crash. I have a lot of cash now. I am looking forward to buying tons of ATHM at $30/share. Isn't it sweet!

Tell me what to worry?