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

To: rel4490 who wrote (9302)	5/9/1999 12:27:00 PM
From: ahhaha	Respond to of 29970

A corporation has projects going or investments in projects even investments in subsidiaries and investments in other companies. It is very difficult to see where a company doesn't want its investments to do well. T has a major investment in ATHM. To a certain extent T bought TCI for ATHM more than they bought TCI for its plant. T considered simply buying Cox and Comcast, but that wasn't enough to carry the Board. As Jing has merrily and repeatedly stated a bet on ATHM is a bet that T is capable, so I don't see this paranoia that there is a conflict of interest. There is always conflicts among shareholders since they all have a different view as to which way the company should go. That's another reason why a management is essential. It has its own agenda. Maybe you are saying Jermo is a puppet. That would be a risk factor.