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


To: bodie who wrote (9074)5/5/1999 2:51:00 PM
From: Ron Dior  Read Replies (1) | Respond to of 29970
 
<<Any thoughts on how ATHM will do (over the next few of months), if interest rates continue to rise and money keeps flowing out of stocks? Do you think ATHM is strong enough to make headway against a downward trend? Yes, it is doing good today, but that is to be expected with such a big news story.>>

Will ATHM do good compared to the rest of the market? Definitely. Will it make headway against a downward trend? Who knows.
bodie, unless you are buying options on the stock, I really wouldn't concern myself with a 2 month time frame. The market will not always go down, it will have to turn around at some point in time. As for ATHM, it will increase in value for certain. Next year it will be worth much more than it is right now. If the market does well, then ATHM will do extra well. This news story has painted a pretty picture for the future of ATHM. IMHO the short term looks good, but the long term looks spectacular. Can't say that about too many stocks in this sector right now!

Ron Dior