Reading Time: < 1 minute The following is from Reuters. I have not seen the final prospectus from SEC web site yet.  “HONG KONG, Feb 9 (Reuters) – Investors and New Oriental Education & Technology Group Inc. (EDU.N: Quote, Profile , Research), China’s largest education group, and its investors have raised US$334 million after pricing 8.05 million American Depositary Shares at a 1.78

stlplace
February 8, 2007

Reading Time: < 1 minute Call it gourmet coffee, premium coffee, or designer coffee, whichever way you want to call it. But I have seen the “Gourmet Coffee” bulletin board put up by McDonald to make fun of Starbucks’ price. I also noticed Starbucks is adding “drive through” windows and open new locations like crazy lately. All these, according to Todd Sullivan’s value

stlplace
February 8, 2007

Reading Time: < 1 minute I noticed this juice thing is getting popular in China, just like the coffee did in recent years. In summer 2004, when I attended a bunch of formal dinners in Ningbo, juice is an option, as is the wine. Juice is also offered in the airplane. One thing I noticed that the orange juice in China is mostly “from

stlplace
February 7, 2007

Reading Time: < 1 minute First is the SunTech Power (STP), it came to NYSE a little more than a year ago. The stock almost doubled from its debut. The company is founded by Australian Haigui and based on Wuxi, Jiangsu province. This is the largest Chinese solar panel marker and it’s profitable. Then comes the Canadian Solar (CSIQ). Don’t

stlplace
February 7, 2007

Reading Time: < 1 minute But not all of them are equal. I am using the Citibank Dividend and the Discover Cashback card. The Citi card used to give 5% (now 2%) cash back for gas, grocery and 1% for everything else, with an annual limit of $300. The Discover card is more complicated. It has a “ladder” rate and does 5% promotion every

stlplace
February 7, 2007

Reading Time: < 1 minute It’s interesting to hear they decided to bring back the old name, the family sedan saved Ford during its difficult times in 1990s. Ford is in trouble again lately, due to its unattractive products and sky high labor cost. Will this name change save the company? Maybe not. But I think it will help them in some ways.

stlplace
February 6, 2007

Reading Time: < 1 minute When I first came to the US in 1997, there is no Chinese web portals. We read Chinese news primarily through BBS. The Chinese language support for the browser was not widely available either. I remember a friend told me something about installing the “Chinese version of DOS” on the PC so that he can read the Chinese. Then

stlplace
February 6, 2007

Reading Time: 2 minutes I have used Turbo Tax  online version for years and here are some of the tips. 1) Started early. It’s obvious if you are expecting refund. The eariler you file, the earlier you will get the refund. But even if you are expecting paying more, you can start early and mail the check on April 15

stlplace
February 5, 2007

Reading Time: < 1 minute This one caught me off the guard. It looks like a normal eBay message. I actually clicked through the link in the email and a few days later I received the real email from eBay says my eBay account is compromised. So I did the demage control thing. Today I received the same message again. I don’t

stlplace
February 5, 2007

Reading Time: < 1 minute A few months ago I saw a statement from New Oriental about the “Oriental Standard”. I thought Oriental Standard was some “New Oriental” knockoffs, which also provide English education in China. I was wrong. After a little research, now I believe Mr. Yu Minghong owned the ancester of Oriental Standard (it’s called New Oriental Professional Education Center) before 2006. It’s

stlplace
February 4, 2007
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