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

To: David Harker who wrote (7896)	4/14/1999 11:55:00 AM
From: Jing Qian	Read Replies (2) \| Respond to of 29970

Looks like you have big doubt on ATHM stock but not @Home company. I choose to look at ATHM with a market capitalization point of view. If we assume that @Home will be successful eventually, it's very reasonable to expect its market cap to reach 140 Billion, i.e., AOL's level. That means the ATHM stock will multiply 7 times to get there. I am not dreaming about a 30 fold increase. But a 7 times stock increase is very rational to me. I do expect that to happen in 5-6 years. As far as short term volatility, I don't care. I will accept that it could dip to 130 before seeing 192 again. I am happy as long as it reach the final destination for me. So far, the @Home company is perfectly on the right track.