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


To: GraceZ who wrote (9640)5/20/1999 5:48:00 PM
From: Panita  Read Replies (1) | Respond to of 29970
 
Good piece on CBS Marketwatch...

cbs.marketwatch.com



To: GraceZ who wrote (9640)5/20/1999 8:22:00 PM
From: ahhaha  Read Replies (1) | Respond to of 29970
 
It isn't OT. It is right on T and it is why this stock is looking like Niagara.

after I do the net worth statement I see, that, in fact I HAVE made enormous progress.

Asset appreciation as in stocks as in paper gains?

that it is not what you make, its how much you keep.

That sounds like commercial thinking. Top line is where it's at even if you don't bring a dime down. Half the major corporations do exactly that. They live off the credit worthiness implied by the persistence of the top line.

people always think that they need to make more money,

They do.

they ramp up their life styles just a little faster than their
income....at EVERY level.


We live in a consumptive society. That is the FED's goal: to increase consumption. It's called demand management. Those who spend more than they make are rewarded because there is no consequence for their actions. To save means to enable someone else to live frivolously. When they go bust, there is no consequence, therefore prudence is superfluous.

Just take a look around at your toys, how many phone numbers you have that you didn't have five years ago? They used to build houses with one electric outlet in every room! What does your car have on it
that cars ten years ago didn't have.


All testament to the incentives provided to live frivolously. You seem to be extolling indulgence and giving it your disapproval at the same time.

What I can't figure out is, these guys are fighting over bodies, yet the price keeps going up,way above inflation.

Above you were saying that you have benefited from no inflation and affirming that there is none, but here you are showing an exception. The exceptions become the rule and the rule is one of the mob. How can some get away with inflating what they have and others not? Don't you see what is happening? Others will. They'll take it by force and they'll force you to raise your rates.

Every one of my competitors that has risen their prices has very quietly lowered them a few months later.

If there is no inflation, why did they attempt to raise them? Greed? Maybe they're just exploring the possibility. See if the society is wealthy enough to swallow the increases.

This is why I don't do it....plus, it would put pressure on the clients that I've done business with for twenty years to find a cheaper supplier.

You're a fool. You should have tried to raise your rates. You have to do this to explore where it will hold because in the future you may have to do this, so you had better get that knowledge now since your competitors have it. This is pure Darwinianism and it is the outcome of the FED's attempt to promote prosperity. We've all been through this decades ago but practically no one understands why it occurred then and because the officials don't, they are making the same mistakes which will force you to act like an ape. Now, fight like an Ape!