Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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: ahhaha who wrote (5191)	2/8/1999 12:33:00 AM
From: FR1	Read Replies (1) \| Respond to of 29970

Thanks much. That's what I will do. Just hold and wait to see what T does. I guess we agree on T. By the letter of the law T does not own ATHM and by the letter of the law Clinton didn't have sex with that woman. I bet that after T turns over its ISP business they well own 49.999% A great article in Feb issue of The Industry Standard (internet economy magazine). They chronicle the ATHM/XCIT merger hour by hour in the last days. It turns out Jermoluk was constantly on the phone to Armstrong: I talked to Mike Armstrong throughout the negotiations about overall strategy and how the deal fits with AT&T's plans, Jermoluk says. What you recommended against long ago (ATHM was still in the 20's) was not to sell covered calls against this stock. Good call. I note you said: few can make any money at this Internet bag. It is now setting up to be an information and entertainment vehicle. It is early in the game to clearly see it but don't you think that product sales will wind up being big? DELL and others have shown this with their own product but perhaps general merchandise will make a profit. Let's take AMZN, for example (I am sure others will follow). They are building warehouses like the 300,000+ sqft warehouse in Nevada. These are strategically located around the us to cut down delivery costs and time. The startup costs are high but the eventual overhead will be low. They will soon have the ability to sell whatever product they wish. Let's say TVs. No brick-and-motar prime location rental necessary for AMZN. AMZN vs the Good Guys. Good Guys finish last. We will have to watch it happen but it seems to me that direct to consumer products will be a big business over the internet and there will probably be reasonable profit in the enterprise. The margin will be somewhat low but the customer base will be large.

To: ahhaha who wrote (5191)	2/8/1999 9:19:00 AM
From: Scott Garee	Respond to of 29970

Very interesting. You don't recommend books (knowledge from others), yet you recommend we learn from your posts (knowledge from you.) How self-serving.

To: ahhaha who wrote (5191)	2/8/1999 12:33:00 PM
From: Greg Jung	Read Replies (1) \| Respond to of 29970

ahhaha, your outlook is paradoxical: "internet bubble is a mania", but hold ATHM. Is there some sort of guarantee that comes with athm shares, so that they should be valued so high? Is it just the alliance with T to justify the premium, this dinosaur of a company (according to not-too-distant prevailing opinion (T @ $35) has been transformed in space of a year into such a great innovative powerhouse? Or is it the stock price (of T) that colors the new perception this way. Greg