Reading Time: < 1 minute 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

stlplace
February 20, 2007

Reading Time: < 1 minute 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

stlplace
February 20, 2007

Reading Time: 2 minutes 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

stlplace
February 20, 2007

Reading Time: < 1 minute There are lots of Crocs Knockoffs on the market these days. I found some on Payless and Target. The price is about half as the real ones. Don’t know the quality and the customer wearing experience though. Also, I found this CrocFan blog. I added the link under “Blogroll” at the right. And this article on seekingalpha is

stlplace
February 19, 2007

Reading Time: < 1 minute   Source: Google CN and Yahoo China (Why did not baidu come up with something?) I noticed Yahoo (US version) has lots of pictures about Lunar New Year. While Chinese young generation are embracing the western holidays such as Christmas and Valentine’s Day (in some ways western holidays are overshadowing the most important Chinese holiday), western world

stlplace
February 19, 2007

Reading Time: < 1 minute I used to sell used books, mostly textbooks on Half.com, an eBay subsidirary. Half does a decent job for me and their commission is reasonable (about 10%?). But I have not enjoyed much success selling books there lately. It could be one of the two reasons: My books are unpopular; Half.com is not popular anymore. I started

stlplace
February 18, 2007

Reading Time: < 1 minute The Chinese version, the year of Pig (roar, whatever you want to call it). I am using Keso’s new year card because I can not create a card as good as his 🙂 Image created by Keso.

stlplace
February 17, 2007

Reading Time: < 1 minute When Steve (Steve Ballmer, the CEO of Microsoft) speaks, Wall Streets listens. Yesterday in the MicroSoft analyst day Steve tried to put a more realistic picture on the Vista sales. Basically he says that the Vista sales won’t be as good as analysts thought. With his words the stock MSFT lost 2.4% today. When did Steve

stlplace
February 16, 2007

Reading Time: < 1 minute I think one of the most important take away from Ken Fisher’s book is “be open minded”. This is easily said than done. Because our brain is not trained that way. For instance, we usually felt pretty bad when we have to cut a loss after buying a stock, even if the company’s fundamental is

stlplace
February 16, 2007

Reading Time: < 1 minute I found a new trend about the companies’ quarterly earning Conference Call lately. Usually a company will do the conference on the Internet and on the phone at the same time. But Crocs (CROX) and Heelys (HLYS), two shoe makers (I have shares for both), lead the fashion again by doing the call exclusively over the

stlplace
February 15, 2007
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