Reading Time: < 1 minute Good product => good company => good stock? I have been thinking about it for a while, and I believe in lots of cases this formula is not necessarily true. I understand this is a difficult topic to discuss because the subjective nature of the “good product”, “good company” and “good stock”. For example, Marlboro

Reading Time: < 1 minute Here is the link (see the left scrolling screen, in Chinese): Many years ago, when I was a graduate student, I attended those information sessions in school (and ate many free pizzas). At that time all the companies are US companies, such as Emerson, GE, and Microsoft (Nasdaq:MSFT) etc. Now a Chinese company are coming

Reading Time: < 1 minute CROX is halved from its pre-earning high of $75.00, and now it sells at around $37.00, about the same price as Mindray (NYSE:MR). I know I am comparing apple to orange. On the news, sub-prime mess among big banks, $100 a barrel oil and today weak retailer report did not help. But more importantly, it

Reading Time: < 1 minute The wall street had another big down day today. The Dow lost 360 points, or 2.64%. If Dow is not a reliable indicator of market, S&P 500 lost 44.65, or 2.94%. This is after last Thursday big sell off. The obvious reason, is the continuing deteriating of the US credit market (mortgage banks, commerical banks,

Reading Time: 2 minutes No I did not fly to Shenzhen, although I would love to be there. From the news, and the presentation, the developments are very encouraging. Too bad my account ran out of money yesterday, otherwise I was going to add my MR positions amid the across board sale of Chinese stocks. Some highlights (I think)

Reading Time: < 1 minute (Update Nov 6) Keso wrote an interesting piece about Ma Yun and Alibaba IPO. DBANotes also has an interesting article about Alibaba IPO. The author Fenng works for Ali. (Original) The ticker symbol is 1688.HK. It opened at HKD 30.00, a big jump from the IPO price HKD 13.50. I have not looked at its

Reading Time: < 1 minute (Update Nov. 6) There are many reports saying that PetroChina is the largest company in the world, according to its market capital (> 1 trillion USD), after its IPO/secondary offering in Shanghai. This is a bit misleading, as similar claims regarding ICBC (1388.HK), and China Life (NYSE:LFC) being the largest bank and insurance company in

Reading Time: 2 minutes Week in review 10/27/07 to 11/03/07 1) I found the coffee at On the Run (Mobile gas station) is as good as Panera. I used to get a cup of coffee at Panera every morning, it costs me about $1.70, now I’m paying $1 for similar thing. Even at this price, I believe “On the

Reading Time: 2 minutes The Saturday morning at my STL home is much quite than the apartment I stayed in Shanghai. No more “冰箱, 彩电, 空调” noise from the old applicance collectors. No more street noise from cars, buses, and people. But I also miss some of the good things in Shanghai. The newspapers, the babi bum 巴比馒头, and

Reading Time: < 1 minute (Update) I also listened into its conference call, and it confirmed some of my thought: Chinese domestic market becomes more friendly; south America has strongest international growth, while NA has the slowest. (Original) I went to Panera bread this morning. Here is what I saw: Bagel, 89 cents; coffee, $1.59 to $1.79. These prices haven’t