Global Sources (NASDAQ: GSOL) stock rode the Alibaba.com wave up to a 52 week high of US$35 in October before dropping recently to below US$14.
One reason is that the company reported the end of January that it expected lower fourth-quarter profit and revenue than forecasted due to a write-down and compensation expenses.
Keep in mind that [...]
Global Sources a BUY?
Published in February 5th, 2008
Posted by Admin in Stock Market
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Yahoo! + Microsoft = Strength for Alibaba Group
Published in February 4th, 2008
Last Friday, Microsoft offered to by Yahoo! for US$44.6 billion.
Many articles say it is an effort to strengthen their battle against rival Google; however, there are many other underlying advantages to this transaction. One includes Alibaba Group and its ability to help Microsoft in China through its many, well positioned businesses in [...]
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