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


To: Ibexx who wrote (8463)4/23/1999 7:31:00 AM
From: Peter Y. Hsing  Read Replies (1) | Respond to of 29970
 
Pro-ATHM David Alger on CNBC Power Lunch today.

In a recent Barron's article, David Alger of Fred Alger Management, chose ATHM (trading at $146 at the time) as one of his top picks and mentioned that he "sees [a] jump to $200."

ATHM practically made that jump (reaching $198), so it's an eerie coincidence that it's fallen back to exactly (+/- $1) that level. With T's offer for UMG...dare we expect him to set a higher price target? We'll have to wait to hear what he has to say.

I believe he owns a sizeable stake, so take this for w/e it's worth.