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
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
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
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
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
Reading Time: < 1 minute E-future, a not well known Chinese company, set a record for Chinese stocks traded in the US. Its stock went from $10 to $43 in 4 days. In another words, in 4 days it “accomplished” what Google’s stock accomplished in 2 years: from $100 to $400. It seems like I missed a golden opportunity to get rich fast. But
Reading Time: < 1 minute Friday afternoon, 4 PM, finanlly I made things working: I mean the program compiled and ran at the first time. So what did I do? I found there are some minor problems here and there, and I decided to correct them. Off I went to make those “important” changes. By 5 PM I completed the changes and now
Reading Time: < 1 minute Normally I had it in a “to-go” cup. This is the first time they put it in the glass cup.
Reading Time: < 1 minute Diwali is the most important festival in India. I went to the Indian students Diwali party here at Washington Univ, Olin school of business. This is the second time I went to the Diwali: the first one was 7 years ago (1999) when I was in graduate school at Rolla. I like the enthusiasm Indian students
Reading Time: < 1 minute B2B, business to business, was a popular concept in dot com era. The idea was to connect the companies (suppliers, OEM, vendors…) using B2B software. In those days, there are a few B2B software companies such as Commerce One flied high. But B2B never grew as big as people dreamed in the US. On the other
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