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To: Elmer who wrote (9778)5/24/1999 2:14:00 PM
From: Kayaker  Read Replies (2) | Respond to of 29970
 
Both bogus comparisons. Rambus got killed because of fears that INTC might back away from incorporating their technology into INTC chips. Netscape got killed because MSFT started giving away IE. What's the analogous problem with ATHM?



To: Elmer who wrote (9778)5/24/1999 2:25:00 PM
From: Ron Dior  Read Replies (2) | Respond to of 29970
 
<<Look at charts of Rambus and Netscape after they went public. Both were stars like ATHM and both declined from $87 to $37. That decline was about 40% of the high. >>

ATHM high of $198 now at $117 is more than 40%. I am not following your reasoning?

Ron Dior



To: Elmer who wrote (9778)5/24/1999 4:37:00 PM
From: Kayaker  Read Replies (1) | Respond to of 29970
 
David, I apologize for beating your numbers to death. I finally understand what you were saying. You were talking about a decline to 42% of the high, rather than a decline of 42% from the high. Anyway, I'm short ATHM 130 puts, so I hope and pray you're wrong.


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