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

To: Bretsky who wrote (7627)	4/10/1999 11:19:00 AM
From: Educator	Read Replies (2) \| Respond to of 29970

Bretsky- Thanks for finding that article from www.iionline.com. Here is their comment: ATHM - This hyperactive Internet company said it missed targets for signing up subscribers to its cable modem service by about 50,000 customers. AT&T is walking away from the company. I think the estimate for $0.06 loss is in serious jeopardy. Well...time will tell. It won't be long before the announcement comes out. I would like to know how the writer was privy to this information since "I" as a shareholder couldn't get it. Another post did say that the numbers might be around 450k. It wasn't but two weeks ago (March 26th) that Jermoluk said both subscriber numbers and earnings would be in line. You wouldn't think he would make that statement without some assurance. Regardless, what impact will this have on the stock price? Does anyone see a temporary correction? If there is, I believe it will be short-term and quickly forgotten. The investor rep. told me that full disclosure of ATHM's progress will be announced the week of April 12th. I don't think we will hear for sure until April 15th. That statement that AT&T is walking away from ATHM is awfully bold. I am not sure what that all means. Comments? Thanks again, Bretsky. It is always good to sit down and be prepared for these bumps along the road. Ed

To: Bretsky who wrote (7627)	4/10/1999 4:53:00 PM
From: Robert Scott	Respond to of 29970

My experience is that those guys are absolute losers.

To: Bretsky who wrote (7627)	4/10/1999 10:06:00 PM
From: Holyman	Read Replies (2) \| Respond to of 29970

Folks: Regarding the negative news of ATHM: iionline.com "ATHM - This hyperactive Internet company said it missed targets for signing up subscribers to its cable modem service by about 50,000 customers. AT&T is walking away from the company. I think the estimate for $0.06 loss is in serious jeopardy." This is a complete misinterpretation of earlier reports that caused ATHM to jump over 10points. In fact, AT&T junior partners were the ones who wish AT&T to reduce its control over ATHM: news.com "After inheriting cable Internet firm @Home Networks from Tele-Communications Incorporated, AT&T now must increase its subscriber base or risk losing some of its share in the high-profile Net service. The situation stems from a subtle internal revolt by AT&T's junior cable partners in the @Home high-speed Internet service, made public by today's 8-K filing with federal regulators. Despite having far more cable subscribers, TCI, recently acquired by AT&T, has lagged behind competitors in upgrading its network for cable Net services, and hasn't lived up to expectations in recruiting @Home subscribers." Here is another news indicating such: biz.yahoo.com "NEW YORK, April 8 (Reuters) - AT&T Corp. will loosen some of the control over its At Home Corp. Internet joint venture, according to a report filed Thursday with the Securities and Exchange Commission. Analysts and At Home said the shifts meant little change for the company, which offers high-speed Internet service over cable TV wires. The changes will be carried out because AT&T's cable television unit failed to meet benchmarks in signing up subscribers for At Home. ''It's really not a substantial change,'' said company spokesman Matt Wolfrom. Kristen Koh, an analyst with Credit Suisse First Boston, welcomed the changes as a sign that AT&T was working to improve its performance. ''AT&T has tremendous power right now over At Home,'' she said. ''If the balance of power were shifted slightly ... terrific.''" So, this was the reason why ATHM added over 10 points on Friday. Everybody wish to have control of this hot issue (especially AT&T that has 71% stake of ATHM). Folks, it is simply supply and demand. Sure ATHM will miss its target, but Wall Street thinks the backlog is more crucial than anything else. The company is in great demand! God Bless

To: Bretsky who wrote (7627)	4/11/1999 7:44:00 AM
From: KW Wingman	Read Replies (2) \| Respond to of 29970

Yuk is what II deserves IMO. I will read what II says but I will not give it much weight. II often gives poor advise. II has had a very bad track record lately. In the magic 25 portfolio, they first bought CMGI maybe two years ago (one of the few winners or good calls they made). After CMGI had a little run they put out a sell on it. CMGI has increased in value at least ten fold since that early sell recommendation. Since then, they bought CMGI at a higher price and more recently sold it and bought it again about three days later. This was not done because of any trading wisdom either. A week or two ago, II recommended taking profits in QCOM a day or so before QCOM took off on a huge upward run. I don't know what II said about that move in the way of an excuse because I don't pay much attention to II. In both cases I just continued to hold my stock. T is not really walking away. They are giving the other cable companies a more equal say in the operation of ATHM than the size of the other cable companies' stock holding would seem to warrant. This is good for AT & T in the long run IMO. It seems reasonable that AT&T probably wants to tie in with the other cable companies to provide local phone service. They are buttering them up if they give them a more equal say in ATHM and it really costs them nothing to gain the good will of the others. Regards, Wingman