Reading Time: < 1 minute I mean the stock market. Dow lost more than 400 points. My brokage account lost about 10% of its value today. The biggest decliners are Home Inns (HMIN) and Mindray (MR); but Crocs (CROX) and Heelys (HLYS) are not helping either 🙁 Now the question is: is this a healthy correction? Or the beginning of (dare
Reading Time: < 1 minute Debt is bad. This is what I was told when I grew up in China. I think this is most of my parents generation feel about debt, I am talking about average working people, not the entreprenurs such as Lu Guanqiu, the founder of Zhejiang Wanxiang Group. So when I told my parents I bought a
Reading Time: < 1 minute It will report the earnings after market today. The Street est. earning is $0.62, but I think the whisper number is much higher. In other words, even if it beats the earning, if it issues a soft guidance, the stock may get punished tomorrow. This is the danger of “playing ERs” with hot stocks. Interestingly, Sage
Reading Time: < 1 minute Apple and Cisco settled the dispute around the iPhone trademark, according to Mac News. One interesting comment I can not stop laughing is: “if Apple leaves the table smiling, you better check your wallet.” Seriously, I agree with the author Cisco guys are smart too. “Consumers are so with Apple these days, it would have
Reading Time: < 1 minute New Oriental (EDU, based in Beijing): every Chinese student came to US for study knows that, no need to say anymore. Home Inns (Rujia, HMIN, based in Shanghai): my friend in my hometown told me about this in summer 2004. He is a small business owner and he thinks that Rujia is clean and economical. He would stay there when he visits Shanghai as long as
Reading Time: < 1 minute From Yahoo, this is the link, by Dory Devlin: My take on this: if your tax situation is straightford, go ahead and use the free software. But on the other hand, if you buy and sell stocks, have a home business, changed jobs or moved last year,…you will be better off use the paid version.
Reading Time: < 1 minute I listened to Crocs earning call this evening. The numbers look good, it beats the Street expecation as I expected. They also raised Q1 2007 and 2007 full year guidance. Some of the interesting developments: 1) Nascar cross licensing (cross sell). Since they started Disney relationship in summer 2006, they expanded to NFL, NCAA football, NHL
Reading Time: < 1 minute I am not talking about the tips in the restaurants; I am talking about the stocks going up after we sell them, doesn’t that happen all the time? Just like it goes down after we bought it? My most recent example is New Oriental (EDU, it seems to me the traders did not take too
Reading Time: < 1 minute There are lots of Crocs Knockoffs on the market these days. I found some on Payless and Target. The price is about half as the real ones. Don’t know the quality and the customer wearing experience though. Also, I found this CrocFan blog. I added the link under “Blogroll” at the right. And this article on seekingalpha is
Reading Time: < 1 minute I used to sell used books, mostly textbooks on Half.com, an eBay subsidirary. Half does a decent job for me and their commission is reasonable (about 10%?). But I have not enjoyed much success selling books there lately. It could be one of the two reasons: My books are unpopular; Half.com is not popular anymore. I started
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