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Technology Stocks : SINA: SINA.com -- Ignore unavailable to you. Want to Upgrade?


To: blind-geezer who wrote (9)5/11/2011 9:28:37 PM
From: FR1  Read Replies (1) | Respond to of 15
 
I am in with great leap options. I bought them just before the spike so I just went black and I have a year and a half to enjoy the ride assuming we drift upward.

the future is always a dicey thing with these Chinese stocks but SINA has been around a long time so it has a proven track record.

The plus is that only 30% of China is on the net whereas in the USA it is more like 80%. So we have 70% of 1.4 billion people to look forward to over the coming years.

I hope their twitter clone holds up and gains traction. As I understand it they are at 150 million subscribers.

The other good (and also bad) thing about China stocks is that it appears it is the policy of the government to build a "walled garden" for China so the governmnet can spy on the people. This means the government will run interference and keep Google, etc out. It also means, I assume, that they will favor just a few companies. Just enough for competition and not so much that they can't control them.

So I am in it for the long haul. The CC should be starting right about now.