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Shanda: an excellent narrater
(2006-11-30 16:49:02)Despite Shanda's improvement in
2006 Q2 and Q3, uncertainity still exits. "free to pay" business is
not good as what they told wallstreet analysts, but many smart guys
still can not understood why Shanda could get success in two
quarters.
By the way, I do not like EZ
Pod, challenge from government regulation will become a disaster.
Somebody told me that Shanda had good government
connection, but this advantage could not become a sustainable
business alone.
I am not here to argue
every Chinese companies of Nasdaq, when seeking chinese alpha, i
found many well run companies has various problems behind the
price.
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