Tag: focus-media

Reading Time: 2 minutes Madoff story continues to occupy the news these days (e.g., this one from NYTimes). Yesterday, Satyam, the No. 4 Indian IT outsourcer, broke the news with giant accounting scandal (BBC news, wiki: Satyam). But the story does not end here. In my mind, there are many other ponzi schemes in our lives, and sometimes people

stlplace
January 8, 2009

Reading Time: < 1 minute On Nov 17, Baidu (Nasdaq: BIDU), China largest web search company got a huge blow in the market as the news of “Baidu placed “faked doctors and drug ad” broke (see BW for more details). This reminds me of the Focus Media (Naqdaq: FMCN) Spam text messaging story about 7 months ago. In both cases

stlplace
November 18, 2008

Reading Time: < 1 minute Ad is everywhere these days, from Newspaper, TV to Internet. In China there is such thing called LCD sreen ad. Focus Media (FMCN) made big money out of this, although recently some residential home owners got a bit tired of this because they want some peace in their apartment’s elevator. In the US it appears to

stlplace
June 1, 2007

Reading Time: < 1 minute It will report the earnings after market today. The Street est. earning is $0.62, but I think the whisper number is much higher. In other words, even if it beats the earning, if it issues a soft guidance, the stock may get punished tomorrow. This is the danger of  “playing ERs” with hot stocks. Interestingly, Sage

stlplace
February 26, 2007

Reading Time: 2 minutes It seems not very intuitive that Focus Media (FMCN), a LCD media advertising company, has done better than Baidu (BIDU), the No. 1 search engine in China. After all , putting up the LCD screen, soliciting the advertising customers, and creating those short films are not high tech as “search engine”, which involves creating a

stlplace
January 24, 2007
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