Reading Time: 2 minutes I bought my first stock back in 1994 when I worked for a manufacturing company in Shanghai, and I got to buy 250 shares when the company went public. After that between 1996 and 1997 I did some trade in stocks because at that time the Chinese stock market was very hot, if not as

stlplace
July 11, 2007

Reading Time: 2 minutes 1) International: no secret here, as you can count the stores (more stores in India than China), from their web site www.crocs.com (international). The trick here is they expanded internationally at much early stage compared to Nike, etc., considering they are just a few years old. We can attribute partly to the globalization of economy

stlplace
July 11, 2007

Reading Time: < 1 minute We all know Wal-mart calls its employee “associates”, today I noticed Starbucks calls its employee “partner”, from its annual report. We all know this is more a sloagn, or public relation, nonetheless it’s good public relation. Seriously, what is partner or partnership exactly. It’s almost like spouse. According to wikipedia, “A partnership is a type

stlplace
July 11, 2007

Reading Time: < 1 minute AAPL: is Apple a computer maker, an eletronic (fashion) gadgets maker, or music store? It’s all of the above. I did not realized it’s the No. 3 music retailer in the US until a few weeks ago (behind Wal-mart and Best Buy). The reason is it created the digital music market: iTune. For graphical designers,

stlplace
July 10, 2007

Reading Time: < 1 minute Dai Tou Da Ge, the Chinese famous stock blogger, got arrested by the goverment for “illeagally enaged in financial advising activities”, according to Sina news. So what do we learn from this? 1) If some one claims he/she can predict the stock market with 90% accuracy. Run, run away as fast as you can. 2)

stlplace
July 10, 2007

Reading Time: < 1 minute I bought some NINE (Ninetowns) shares for the 3rd time last Dec. for two reasons: 1) It’s getting into B2B business. A successful example of B2B in China is Ma Yun’s Alibaba, which has done well (at least generated lots of buzz), and is planning to go IPO in Hongkong this year. 2) Duan Yongping,

stlplace
July 9, 2007

Reading Time: < 1 minute Bought a little SNCI today. It’s a company makes hearing aids. I read it from Kiplinger’s Personal Finance August Issue in the weekend. Did a little research including reading its annual report. This is my speculative play, I put my bet on it because I think some of the positives include: 1) The company sold

stlplace
July 9, 2007

Reading Time: 2 minutes Today, Fredy Bush, the CEO of Xinhua Finance and Xinhua Finance Media Limited (XFML), released a letter to counter the recent media coverage of “the mystery of Xinhua Finance”. Quote the letter: — Over the years the media has criticized Xinhua Finance as being too close to the Xinhua News Agency and the government of

stlplace
July 9, 2007

Reading Time: < 1 minute 1) PTC woes: last week Goldman Sachs, the No. 1 broker in the US (and world), upgraded PTC (a PLM software vendor) to “buy”, and raised its target from $22 to $24. On July 5, PTC says it’s going to miss the 3rd revenue estimates. I guess the GS analyst would be pretty upset by

stlplace
July 8, 2007

Reading Time: 2 minutes Since today is a good day (7-7-07), I want to do something special. I have planned this thing for a while: create an investment partnership or the sorts. Right now I’m the only partner in this venture. But I’m open to new investors with similar investment philosophy. Why do I create this Equity partnership? Well,

stlplace
July 7, 2007
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