Reading Time: < 1 minute We had worst snow storm in my 6+ years stay in St. Louis. The thing makes life harder is the “sleeze”, or ice rain (instead of the snow). It freeze the car windows and doors quickly. I spent about one hour for normal 15 to 20 communte from work to home. This morning I spent

stlplace
December 1, 2006

Reading Time: < 1 minute I heard about this 80-20 rule from a friend a while ago. It says “we spend 20% of our effort to accomplish 80% of the things; and then we spend remaining 80% of the time & effort to complete the remaining 20%…” I think that pretty well summerize what I was doing at my work

stlplace
November 29, 2006

Reading Time: < 1 minute Normally as individual investors we don’t have access to the IPOs, as they are usually handled by the big investment bankers (Goldman Sachs, Merril Lynch,…), and the IPO stocks usually are sold to the institutions (a.k.a, rich people) and they can make the easy money. This has changed by the Google IPO in August 2004, at the time the founders

stlplace
November 27, 2006

Reading Time: 2 minutes I mean the stock (HMIN), not the motel because I am in the US now. I know it was a little speculative, but I think it’s ok to put 20% of my “mad money” into this even after the amazing run from $22 to as high as $34. I think there are many reasons account

stlplace
November 24, 2006

Reading Time: < 1 minute I am watching the annual Thanksgiving parade in downtown St. Louis (from TV). The weather here is great. I went to Panera Bread and the newspaper is already gone (hint: people are gettting the newspaper ad. and do research about tomorrow’s shopping deals now). Of course you can get the electronic version from dealsea.com nowadays. Seriously, I

stlplace
November 23, 2006

Reading Time: < 1 minute If you read my blog for a while, you know I am a fan of Warren Buffett. Not just because he is the second richest man in the world; it has more to do with his investment philosophy and the way he lives his life. Last night CNBC’s had an one hour show in which the reporter

stlplace
November 21, 2006

Reading Time: < 1 minute It’s not news any more. There are many discussions on the Yahoo message board. Basically Redhat, which is traded on NASDAQ under “RHAT”, is applying the move to NYSE, the good old New York Stock Exchange, under ticker symbol “RHT” on Dec 12. I think it’s a proactive and smart move from RedHat management. Generally NASDAQ is a

stlplace
November 19, 2006

Reading Time: 2 minutes Home Inns (HMIN) and Mindray (MR) both reported their Q3 earning last week. I listened to both the conference calls. HMIN obviously did better with revenue growth: RMB 160.4 m, 106.3% year over year growth. Mindray’s revenue growth was 21.6% because of the anti-corruption campaign in Chinese hospitals. I think that growth factor determined the stock

stlplace
November 18, 2006

Reading Time: 2 minutes A commond question about China software industry is: while China leads India on hardware, manufacturing and many other aspects, why is she behind India on software? After all, Chinese are smart people too. Well, the main reason, I think, is China has domestic demand for software, while India has to compete with the western developed countries (US, UK) for the projects. Or put it

stlplace
November 18, 2006

Reading Time: 2 minutes I thought about this topic for a while; I decided to start it after seeing the recent hypes on E-future stock. E-future claims it is the first Chinese software company listed in the NASDAQ Capital Market. This is correct but it is a bit misleading. There are two markets in NASDAQ: National Market and Capital

stlplace
November 15, 2006
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