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

To: Ron Dior who wrote (8770)	4/28/1999 1:06:00 PM
From: Educator	Read Replies (3) \| Respond to of 29970

The merger, which was announced on January 19, 1999, is expected to be completed immediately following approval of both Excite's and @Home Network's stockholders. The meetings of the stockholders of @Home Network and Excite will both take place on May 28, 1999. The @Home Network stockholders also will be asked to approve a two-for-one split of the Company's common stock for which record date is June 2, 1999. I think the record date (June 2, 1999) means shares MUST BE HELD by June 2, 1999. Isn't that so? And the split date is yet to be determined. Am I reading things wrong? Please correct me here! Thanks, Ron and Jacktoad, for posting this highly sought after news. I have been waiting for ages! I would kiss you both, but I think you are the wrong sex...for me anyway.:0) Ed

To: Ron Dior who wrote (8770)	4/28/1999 11:10:00 PM
From: KW Wingman	Read Replies (2) \| Respond to of 29970

<<<I would also go out on a limb and say that it will be either @ or above the $200 mark before the end of May. >>> I hope you right Ron, but I suspect it will take a longer time than that. I think the merger is causing some downward pressure on ATHM stock right now. XCIT has about a 5% premium. An investor can short ATHM and buy XCIT to gain a relatively safe return of 5% in one month. The market now has a good deal of confidence that the merger is a done deal. Until this XCIT/ATHM premium has been reduced to some time related factor, there will be arb downward pressure on ATHM. I have been pleasantly surprised the stock has performed as well as it has. IMO, The selling (profit taking) in XCIT has to stop or slow now before we go higher in ATHM. Your 6 to 12 month target of well over $200 seems very reasonable to me. I'm holding my boatload of XCIT because I am certain that better days are ahead. Have a nice day tomorrow, Wingman