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


To: Ron Dior who wrote (7263)4/2/1999 8:58:00 PM
From: Hiram Walker  Read Replies (2) | Respond to of 29970
 
Ron Dior, Well there was reasons for that. It was a lot to do with TCOMA contracts,and also with foreign markets. They weathered those storms nicely. Well, its possible, since they did a secondary that probably will hit the market about the time of the earnings release. But there is a possibility that it will be very,very robust revenues,and the money is direly needed for expansion to fill a huge backlog of contracts from ATHM,Comcast,Charter,and RCNC to name a few. Well, I would expect that it might be a self fulfilling prophecy,and people will automatically sell on earnings day. We have all watched the pattern,but not thought about what led to it.
Hiram