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Government squabbles are priced in....      6-Nov-09 12:50 am    
The turf war issues are fully priced in right now so it goes back to the earnings, which SHOULD be very good....unlike the stock price, they were unaffected by the squabbles with the authorities (the kids in the game parlors did not slow down their playing...)So I think with good earnings, NTES is going to look really cheap after earnings release.....And I still think issue will be resolved somehow, as soon as NTES and the right people come to an "understanding"....China is almost like Africa in that regard. The right people insist on their cut before things can move forward and NTES has focused on Ministry of Culture mainly and underestimated the power of the GAAP (not greased the wheels enough of that fine state bureaucrat organization...) But since WoW is all about FUTURE earnings, I think we will have a nice pop come earnings day, because business-wise, it was a good quarter.

I hope that Nov 17 will start the trend back up into 40's, no reason why not....


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friedrich_t...

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Government squabbles are priced in....
friedrich_t... Not rated 6-Nov-09 12:50 am  
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Netease.com Inc. (NTES)

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