It must have been frustrating to see recent Rule Breakers newsletter recommendation Shanda Interactive
While Sina's December quarter was solid, with earnings nearly doubling to $0.30 a share as net revenues climbed by 49% to hit $56.9 million, it warned investors that the current quarter will suffer a sequential dip. Sina is now expecting March-quarter revenues to come in no better than $47 million, while earnings will fall from $17.4 million during its December quarter to between $11 million and $13 million in 2005's first quarter.
With Sohu
Yet why have Shanda and NetEase.com
Other quality players may also be ripe for the picking. Peers like Tom Online
Both Shanda and NetEase were singled out as worthy stock picks a couple of months ago in our Rule Breakers newsletter service. While they have been near-term disappointments, they remain compelling growing leaders in the world's most populous nation. While Sina, Sohu, and a few other four-letter words may come to mind, it's too soon to give up on a dream this big. The long term will reward the nimble growers, and Shanda and NetEase continue to deliver quality high-margin results.
Sina is a Motley Fool Stock Advisor recommendation.
Other related Foolishness:
- Hey, Shanda's report wasn't so bad.
- We were excited about the region's potential a couple of years ago.
- Why not discuss the country's investing potential in our China Connection discussion board?
Longtime Fool contributor Rick Munarriz believes in the sector but he does not own shares in any of the companies mentioned in this story. The Fool has a disclosure policy. He is also part of the Rule Breakers newsletter research team, seeking out tomorrow's ultimate growth stocks a day early.