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

To: JakeSki who wrote (8293)	4/20/1999 3:28:00 PM
From: Benkea	Read Replies (1) \| Respond to of 29970

Covered 70% of the ATHM short (arb play) down to $118. Missed another 10% at $114 1/2 by less than a 1/2 point :((( Also, bought back 1/2 the XCIT calls for $17.50 that I sold for $49.50! I love this stock :))))

To: JakeSki who wrote (8293)	4/20/1999 5:02:00 PM
From: Educator	Read Replies (1) \| Respond to of 29970

I held. It took all the stones I could muster. JakeSki- I know what you mean. It isn't easy when you have a drop like that. When it hit 150, I didn't think it could go lower. I kept saying that about 140, 130, and 120. Fortunately, I didn't have to say it one more time. It appears we hit bottom, and now it is time for ATHM to go upward and onward. Yesterday I tried to start my lawn mower for the first time this spring. I did have old gas/oil in it. I know...bad move. I pulled and pulled and pulled to no avail. I had to empty out all the gas, change the spark plug, replace the filter, etc. Things I should have done in the first place! Tonight, that mower should start on the first pull. The Nasdaq, and mainly the tech/Internet stocks, were just like my mower. I hated to admit it, but so was ATHM. They were worn out from the run-up, had gotten ahead of themselves, and were in need of a correction (tune-up). Though I regretted seeing it take place, the sell off was good for the market. Analysts loved seeing the lagging stocks come forward for a change. This is the breadth the Street has been looking for. Let's hope it doesn't happen again for a long while! Ed