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


To: David Harker who wrote (7920)4/14/1999 4:39:00 PM
From: Mkilloran  Read Replies (1) | Respond to of 29970
 
David....please ...let @Home drop much lower ...please I want to buy it at a real low price.....



To: David Harker who wrote (7920)4/14/1999 5:01:00 PM
From: Neal davidson  Respond to of 29970
 
Thread: Here is what I have done. I took a three year chart of AOL, printed it out, blew it up, and hung it on my wall. I took my yellow hi-liter and hi-lited the dips. What happened today with ATHM is nothing compared with some of the AOL dips. I am not necessarily suggesting that ATHM is the next AOL, but what I am trying to say is that it takes courage and intestinal fortitude to hold onto a stock which makes huge dips. And most of us could sell now and make a tidy profit. However, that is not how wealth is created. Those who held DELL, AOL, WCOM, KO, WMT, etc. for years have built incredible wealth. Making a quick 25% is great. Selling for a 25% gain, only to look back, 2 years later, and seeing that you left 500% on the table, is painful. Take it for what it is worth, and if you are trading this stock, fine. But, if you genuinely believe that ATHM is in a spectacular position and that its business plan makes sense, and if you think that management can implement the plan, then you (and I) have to be willing to hold through the tough times. I am not selling. If I should think about selling, I will look at the AOL chart, and I will change my mind.

Good luck to all. And to those of you who bought on Monday or Tuesday of this week, do not panic. I believe that the analysts who are calling for this stock to be well above $200 will see their predictions come true.