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


To: Ali Shahbaz who wrote (10112)6/3/1999 6:28:00 PM
From: zalesky  Read Replies (1) | Respond to of 29970
 
To Ali: It appears the Big Boys are just trying to
shake us little guys out of the market. There has
been ABSOLUTELY, POSITIVELY no news which can account
for the savage beating this stock has endured during
the past several weeks. I have to say it initially
held up very well during the initial stages of the
correction and seemed to fall into investment despair
after the merger with XCIT. I'm looking for a point
to dollar cost average down and I believe we may reach
that tomorrow (about 99-100). Good Luck, stay off margin
if you can and get ready for a turnaround (days to a
week or so) in the Net sector!!!!



To: Ali Shahbaz who wrote (10112)6/3/1999 6:28:00 PM
From: jmanvegas  Read Replies (3) | Respond to of 29970
 
You know what bothers me about ATHM. 180+ million shares now to become 360+ million after the split. In addition, it takes some effort to absorb the merger and make it work. Short-term investors will be dumping their ATHM with the extra shares coming soon. In addition, competition from STBs for the novice users out there.

Where's the buying on the dips folks? I don't see it. Somebody tell me something in the near-term which would make me open my wallet and buy this stock now. Where's the conviction? We got CPI numbers coming out in 2 weeks - don't expect much but the market doesn't like overhanging reports. The Fed has spoken - they don't like runaway, uncontrolled economies - they've been on the pulpit every day it seems expressing their viewpoint on this. You gotta take notice. Don't fight the Fed - Investing 101. Some would say we've already dipped significantly. That's what is scary. I haven't seen any turnaround on this so-called buying on the dips. Be careful out there.

By the way, I'm one of those weak hands who sold today. Still booked a profit, not as much as when ATHM was trading much, much higher. But, c'est la vie. Capital preservation may be the next rule one needs to learn in here. Only time will tell. BTW, if ATHM stabilizes and I do see buying on the dips, then I'll reeneter. Just be cautious everyone.

jmanvegas



To: Ali Shahbaz who wrote (10112)6/3/1999 6:33:00 PM
From: IFLY_Trader  Read Replies (1) | Respond to of 29970
 
contrary to what ahhaha think, it seems some of the info on this thread is good enough to make it into the article on CBS Marketwatch.com which covers message boards - cbs.marketwatch.com

Ali_Shahbaz, if you believe the internet market is going to rebound (I obviously do), instead of being too concerned I feel it is an opportunity to buy into high-growth companies which can go up and set new highs within a matter of weeks ... personally adding more ATHM EGRP AMTD ... NTBK if it goes under 30 and BRCM if it dips into the 80s.

Resistance against AOL is not futile ... AOL has been a great stock to own over the last 2 years, and I thank them for their work ... but I don't think they have a great product, I only use my AOL now about once a month to see if anyone is still sending mail to my old email address ... content on the web over the last 2 years has improved and AOL can't hold a candle to dedicated sites for news, entertainment, sports, etc. ... AOL's speed is pathetic and frustrating to use if you've ever used an ATHM connection ... Excite AtHome IMHO has better content and access to the internet than AOL does ... just a matter of getting the product out to as many homes as possible.