Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Gregory S. Wagner who wrote (9080)	5/5/1999 3:39:00 PM
From: Ron Dior	Read Replies (1) \| Respond to of 29970

<<Why were people selling at $135 earlier in the day?>> 3 reasons Greg #1- Nets were getting hammered today, AGAIN! #2- If you tracked the individual trades today while the stock was selling off you would see that they were all small trades (small investors whom panicked when they saw ATHM starting to fall on great news). #3- Not everyone was certain that MCI or some other company would cause a rift. Some still aren't. The latter half of the day saw MANY large block buys go through. T is looking more definite, and by the looks of the blocks that went through after about 1:00, I would venture to say that many big players would agree with that statement. Ron Dior

To: Gregory S. Wagner who wrote (9080)	5/5/1999 4:22:00 PM
From: Educator	Respond to of 29970

"Why were people selling at $135 earlier in the day? Greg- I agree with Ron. It was either PANIC, or even worse, IGNORANCE. When I glanced and saw ATHM DOWN at one moment today, I could not believe my eyes! "This can't be happening!" I exclaimed for all of Iowa to hear. Even with the Nasdaq down, it just didn't seem possible. When it reversed to being up 10 pts. later in the day, I figured investors finally got the message. Thank goodness! Sleep well, ATHM Longs. There will be many more days like this ahead! Congratulations to all of you able to buy on the dips! Ed