Sina Is Not Overvalued
Chinese Internet company Sina (SINA) released its latest earnings and said its Weibo service exceeded 227 million users at the end of September and it recently surpassed the 250 million user mark.
The revenues increased, but so did costs. Marketing and R&D costs more than doubled compared to Q3 in 2010. Sina CEO Charles Chao indicated the high costs would actually increase over the next year....384 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
There’s no substitute for a trading floor to get great ideas, so Jim Cramer created a better one at Real Money and blogs there exclusively. We then added legendary hedge fund manager, Doug Kass, with his exclusive Daily Diary and best investing ideas. Staffed with more than 4 dozen investing pros, money managers, journalists and analysts, Real Money Pro gives you a flood of opinions, analysis and actionable trading advice found nowhere else, and allows you to interact directly with each expert.
Already a Subscriber? Please login.
