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


To: David Harker who wrote (7835)4/13/1999 4:47:00 PM
From: VIXandMore  Respond to of 29970
 
biz.yahoo.com

"At March 31, 1999, @Home served more than 460,000 cable modem subscribers across North America, an increase of 39% from 331,000 subscribers reported at December 31, 1998 and an increase of 413% from the 90,000 subscribers reported at March 31, 1998. The base of homes with access to two-way upgraded plant increased to 15.0 million at March 31, 1999 from 13.2 million at December 31, 1998. These numbers include Internet access subscribers served by new @Home affiliates that are currently being converted to the @Home service, as well as these affiliates' upgraded homes passed. In addition, during the first quarter of 1999, the @Home service was launched in nine new markets, raising the total number of active U.S. and Canadian markets to 68."



To: David Harker who wrote (7835)4/13/1999 4:51:00 PM
From: Rick  Read Replies (1) | Respond to of 29970
 
Thanks David - nice report with good modest 30% growth in revenues -- but I just don't think it justifies the multiple. 100 million in sales if you multiply the quarter out for the year x 4 -- so lets say 150 million in sales for the year if they get lucky.
Quite a multiple for 150 mill. in sales. Granted - have the Excite property etc. - but still......