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Strategies & Market Trends : Value Investing
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From: Paul Senior3/5/2007 6:43:52 PM
   of 78730
 
OT: Adding a very little Chinese on-line gaming stock The9 Limited today.

Same kind of analysis for me as for LIFC. NCTY with excellent profit margins. Stock is a bargain (imo, for me) IF those margins can be maintained. Who knows though if margins will hold up? (I have a formula for relating margins to price I'm willing to pay for a stock. Sometimes the formula works.)

Meanwhile, company has cash, no debt, and somebody predicts the business will be okay -for a while anyway-- (if Yahoo forward 12/'08 p/e of 11 can be believed).

finance.yahoo.com
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