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


To: re3 who wrote (9866)5/26/1999 1:19:00 PM
From: Ron Dior  Respond to of 29970
 
Just remember it is all a matter of opinion. Everyone has there own comfort level. I personally feel extremely comfortable with buying this stock in the low 100's. There are many whom would argue that ATHM is still grossly overvalued.

I look at this like I would a court case. I am a juror and have been viewing all of the evidence over the past few months. The bulls have presented their evidence and so the bears. The big question now is, was there enough evidence presented to convince me that we will be entering a bear market any time soon. Was the evidence that was brought before me enough to make me change my conviction for the bulls? IMO not even close. End of case!

Next question: Has ATHM changed in any way to make me bearish on the stock? Again after looking at evidence over the last few months, the answer is clearly NO.

In conclusion: If I were willing to buy ATHM @ $140 last month, why in the world wouldn't I buy it @ $110 today? I would be a fool not to. Of course this is all just one man's opinion!

Ron Dior