Stock lessons: IPOs

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:

Baidu: got a bit evil?

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… Continue reading Baidu: got a bit evil?

Weekend thoughts w/e 051008

Reading Time: 2 minutes Baidu, Google China Keso wrote this Chinese article a while back Who is Google China’s opponent? He is talking about the difference between Baidu (Nasdaq:BIDU) and Google, and he thinks Baidu has created a brand and a series of products, and consequently built a moat to fend off Google and other competitors. This is confirmed… Continue reading Weekend thoughts w/e 051008

NetSuite IPO update

Reading Time: < 1 minute It priced at $26, according to AP news. I did NOT bid on NetSuite IPO eventually. Two things: it raised price range from initial 13-16 to 16-19; and I noticed NetSuite is not profitable so far. On the other hand, when its bigger rival, the on-demand software provider SalesForce (CRM) did IPO in 2004, it… Continue reading NetSuite IPO update

What to read from PE ratio?

Reading Time: 2 minutes PE ratio, stands for the stock price vs. earning per share ratio, is the most commonly used (and mis-used) ratio in the investing world. I saw this PE ratio question at trader168 couple days ago, the question goes like this: BX P/E: 1.97 MSFT P/E: 21.15 JAVA P/E: 46.01 BIDU P/E: 195.95 VMW P/E: 268.98… Continue reading What to read from PE ratio?

Focus Media FMCN is hotter than BIDU

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… Continue reading Focus Media FMCN is hotter than BIDU