Reading Time: 2 minutes (Update May15) My friend Sun also set up a donation page for earthquake relief. He even put up a challenge (match) for Paypal donors. Kudos to him. I sent a check of $51.20 to OSCCF today. (Source: NPR.org, more pictures from NPR) (Original) There are lots of organizations one can donate for the China earthquake,

stlplace
May 14, 2008

Reading Time: 2 minutes Who is EDS? EDS (NYSE:EDS), Electronic Data System, the IT service company founded by legendary Texan Ross Perot with $1,000, at once time was No. 2 US IT service provider (second to IBM). Today HP (NYSE:HPQ) announced buying EDS for $13.9 billion. Among many things, EDS was famous for its hiring of former Navy/Marine, their

stlplace
May 13, 2008

Reading Time: 3 minutes I quoted some questions which are relevant for little guys (like me). The full transcript can be located at gurufocus. WB: Warren Buffett, CM: Charlie Munger, MX: yours truely. BTW, I bought one more BRK.B yesterday, at $4130, not the lowest price of the day but about 5% off the price I bought for my

stlplace
May 13, 2008

Reading Time: < 1 minute (Update May 13) I put two links about Sichuan earthquake on the top of middle side bar: one in Chinese; one in English. Yesterday afternoon when I listened to NPR Melissa Block live report (click on listen: Melissa Block at a shattered school) from Chengdu/China, I was almost in tears. Melissa was in Chengdu for

stlplace
May 12, 2008

Reading Time: 2 minutes Baidu, Google China Keso wrote this Chinese article a while back Who is Google China’s opponent? He is talking about the difference between Baidu (Nasdaq:BIDU) and Google, and he thinks Baidu has created a brand and a series of products, and consequently built a moat to fend off Google and other competitors. This is confirmed

stlplace
May 11, 2008

Reading Time: 2 minutes Last week, an American friends asked me about the booming Chinese eocnomy and how to benifit from it. There are many Chinese ADRs in listed in the US market these days, but I don’t think they are suitable for most individual investors (they are for the bolder speculators only πŸ™‚ Why ICBC ICBC, Industrial and

stlplace
May 10, 2008

Reading Time: 2 minutes GSI Techonology As I talked in my previous post (a while ago), this is the little semi-conductor (very fast SRAM) stock (Nasdaq: GSIT) I bought a year ago at its IPO. Since its IPO it reported two disappointing quarters at first, more recently it reported two decent quarters (Fiscal Q4, Fiscal Q3). But I sold

stlplace
May 9, 2008

Reading Time: 2 minutes Yesterday, our home PC acted strangely after my wife downloaded something from a China web site, basically there is always an Ad bar at the top of Internet Explorer (something like the picture below, full size pic here). To fight against the ad bar, I did the following: upgrade the IE to 7. That did

stlplace
May 8, 2008

Reading Time: 2 minutes In the annual shareholder meeting of Berkshire Hathaway, Buffett and Munger took on a series of questions from audience as usual. Although I did not go, I found some of those Q&A both interesting and educational. Thanks to gurufocus, the full transcript is here (WB: Warren Buffett, CM: Charlie Munger). Q5: Would you use stock

stlplace
May 7, 2008

Reading Time: < 1 minute I bought some Wuxi Pharma (NYSE:WX) shares today, last year I traded it shortly after its IPO in Aug/Sept. Recent developments Q4 and full year 2007 results (MSN Money): total net revenues increased 93.3% to $135.2 million (compared to 2006); Chemsitry CRO of the year by Pfizer; Q1 2008 results to be released on May

stlplace
May 6, 2008
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