SINA: SINA.com Message Board

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Technology Stocks : SINA: SINA.com

SINA 43.26

-0.1%

Mar 22 5:00 PM EST

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To: blind-geezer who wrote (11)	5/12/2011 8:11:01 PM
From: FR1	Read Replies (1) of 15

The SINA quarterly report was OK. They are going crazy trying to build out so they can support all the traffic they are getting for their new twitter clone. Because of this it ate up a lot of the earnings. NOw that SINA and BIDU are both in everyone is looking over things and they seem to want to be more conservative. In other words they want SINA and BIDU to show they can earn out their multiples so they are selling the stocks off until they get to a level where they seem reasonable. Then we will start trending up. IMHO, it is still a good long term buy and hold but you have to have the stomach for the sell offs. You just have to know that nothing critical has happened to make this a broken company going forward.......but man is it painful to get those daily hits! Down from $140 to $113 in just days - ouch! The YHOO vs Jack Ma thing that happened after hours today will not help matters at all.

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