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

To: gpowell who wrote (10399)	6/5/1999 1:29:00 AM
From: ahhaha	Respond to of 29970

Good idea since today's selling was just a smoke screen. The smoke is hiding other significant threats. You have a lot of players getting concerned about the market, the Internets, T, and ATHM's circumstances. It took only one match to start the conflagration. When a stock sports a high multiple it is vulnerable to nonsense. Oregon is nonsense, but the advent of the intermediate market, wireless encroachment, instability in cable company agreements, management turnover, and undetermined sources of future build-out capital, were not. These issues will continue to dog the valuation. The better a company is the higher the fool public bids it and then the public abandons it, so that the company drops to absurd low valuation.