For the first quarter of 2008, its revenue exceeded
the market consensus while EPS met the market s
expectations. This was in spite of the abnormally bad
weather in China. SINA continued to do well in its
online brand advertising and increased the gap
between it and its closest competitor in the online
brand ad market. SINA is still one of the most wellknown
online brands in China. Moreover, the Beijing
Olympic Games can significantly stimulate the online
advertising business in China in the next several
quarters. Therefore, we are maintaining our Buy
rating for SINA.
by Zacks
http://astuk-virtuallystocks.blogspot.com/
$54.0 (05/19/08)
