Day: February 20, 2007

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Fun Stocks

Crocs Earning Call

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Last Updated on February 20, 2007 by stlplace

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 (looking for Canada market).

2) International: UK did very well, european is the main growth driver now; build up in Brazil now, expect good growth there (products match Brazilian life style well); China and India (may be significant in 2008). Disney relationship expanded from US to many international markets.

3) New shoes and aquisitions. Less dependent on the Beach and Cayman shoes.

Categories
Fun Stocks

It’s OK to Leave Some Money On the Table

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Last Updated on February 26, 2007 by stlplace

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 much time off for the Lunar New Year). And it happened to my friends in China too. The friend was very upset when he told me the story. It seems to us sometimes “not making all the money” feels worse than “losing money”. For instance, if a stock falls after we bought it and we sold it because it never went back the level is was, i.e., we were “under water” the whole time, we may not feel that bad. But on the other hand, if it went up big and we missed the potential big profit, we will feel mad at us 🙂

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Categories
Travel

Reserve a Room in Home Inns

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Last Updated on August 27, 2008 by stlplace

There are two ways to reserve a room in Home Inns (Rujia) Or other China Economy Hotels: by phone (400 820 3333 or 800 820 3333) or use the web (or ask your friend as a 3rd way). For Home Inns, my experience is reserve 2 weeks in advance for some of the “hot” locations such as Xu Jia Hui or Century Park in Shanghai. Unfortunately the reservation page is only in Chinese, but I think they have English speaking representatives on the phone. Alternatively you can use Ctrip and search for Home Inns. I used to get RMB 10 off this way.

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