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


To: E. Davies who wrote (8242)4/19/1999 7:01:00 PM
From: radames  Read Replies (1) | Respond to of 29970
 
whrere is the bottom that is the question ??,,,i am still very bullish on this stock and believe alot of this is panic selling all it takes is a 20 point swing up and the buyers will be back ,,imo i believe that the dow is extremely overbought at this time and the nets are extremely oversold and this will cause alot of that money to go into the fastest growing sector in the market ,,,the internet..if and when that happens then athm will be the keader because it is one of the fastest growing companies in this sector with a growth rate of 98%. this is an industry leader and i do not see any bad news in the near term but alot of good new to be coming ,,possibly a deal with rr ..this company will run prior to it's split,,which i believe will be the first of many,,,but like i said before where is the bottom ,that is the question,,,i believe in the 80-90 range and would put off buying this stock untill atleast wed..one of the more positive things on the horrizons is the companies like dell are going to start manufacuring computers with the cable modems built in and television makers will be the next to do the same,,when you look at the figure that 15 million people have the capability to have the service and they are expecting 1.1 million of them to be signed up this year ,,that tells you the demand,,,this one is a winner just be long and strong ,,like having msft in 1986,,