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Old 09-24-2007, 06:18 PM
arh1 arh1 is offline
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Join Date: Jul 2006
Location: That is the way of things...
Posts: 99
Default Re: Shanda Rebound (SNDA)

I opened a couple positions in the teens. [img]/images/graemlins/grin.gif[/img]

Glad they're finally turning around. I think it's still a good value right now. Especially when compared to other "hot" Chinese internet stocks (Baidu, etc). I think they're projected to grow around 30% per year for the next 5 years, and their PE is in the high teens, PEG is like 0.7 or so.
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