Reading Time: < 1 minute First let’s mark Oct 14 2009: Dow 10,000 2.0 (Yahoo Tech-ticker video below) (did you notice the Yahoo ~~~ in the end, Yahoo became more goofy under Carol) My topic today is IPO. I have not got much luck from IPO investing (to be more precise, speculating). My lessons are the following:
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
Reading Time: < 1 minute I listened to the conference call of Sohu and Ctrip lately. Not surprisingly, both companies mentioned the positive effect of 2008 Beijing Olympics. Sohu is the Internet content service sponsor, and Ctrip should enjoy the booming of China travel industry before Olympics. But I think this Olympics effect is already priced in the stocks, and to make things
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