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

To: Craig Rogers who wrote (7930)	4/14/1999 7:03:00 PM
From: Jim B	Respond to of 29970

i dont post much because I'm as dumb as a dead mule, but here's my take on ATHM's drop today... and I will say that i did NOT expect ATHM to meet First Call estimates nor to have quite as much growth in customer base (maily because I didn't think AT&T had done enough to help yet)... we didn't sell cuz it's in my wife's IRA and she doesn't want to sell... so that's that... so in my dress, I'll continue: so I was pleasantly surprised... not to mention that I believe ATHM now reaches 60 million potential customer homes... 60 MILLION! by end of year we might reach 100million or more... we only need 1.1% of that to reach our goal... attainable I believe.. not to mention who knows what other ventures/deals lie ahead... is there downside risk.. SURE... but I'm not trying to daytrade this one every 10 to 20pts.. anyway, some cbs interview/report thing said today: <<<The market woes were relatively confined to high-tech and Internet issues. The Dow Jones Composite Internet index fell 30.28 points to 288.04, or a drop of 9.5 percent, while the Dow industrials rose 16.65 points to 10,411.66. "The whole sector is off and the market's up," said a surprised Scott Ehrens, Internet analyst with Bear Stearns. "I'm viewing it as a buying opportunity in the top flight names.">>>> that about sums up my feelings. I've worked my whole life in the computer sector... it was obvious that all the nitwits of the PC world would FLOCK to AOL... (no offense to those that use it and know what they're doing) ... it was obvious INTEL would be huge with its cutting edge technology and savvy marketing.. (IBM and MOTOROLA did a piss poor job at marketing the POWER PC chip imo)... YAHOO was obvious because .. believe it or not, they had the right name.. it's easier to type in yahoo then it is excite.. believe it or not this is why i use yahoo.com instead of excite.com ; although now that i own ATHM/XCIT I try to use excite.com more.. lol MSFT also was a no brainer because it had the friendly interface that DOS lacked and IBM was not interested in making OS/2 the global household name... so now I see ATHM as one will gain the most marketshare over the next few years as we launch into high speed access.. yes I know about DSL.. yes yes..blah blah... but I believe there's plenty of room for all.. after all, if we're gonna reach 100million homes... does anyone think that we honestly will ONLY be able to capture a maximum of 1% of these customers IF ATHM markets itself properly and works hard with AT&T and other business partners to maintains its systems and awareness.. so much more to say, but it's already been said.. good luck... choose your entry and exit points wisely.. and then be happy with your investment..if you feel the stock is oversold or undervalued... buy and be happy... if not, sell and be happy too...it's your money, don't let me lose it for you.. cuz I sure as heck know that NO ONE is gonna send me a check if ATHM blows past $200 a share by June as I think it will UNLESS the WHOLE market slumps due to Clinton putting us into too many wars that aren't our business or he decides to replace Greenspan with Chelsea. jim