(NASDAQ optimistic about China, U.S. analysts Garrity TV United States (after Chinese authorities report that the number of Chinese Internet users has surpassed the United States);
2, China's leading NASDAQ listed Internet company Baidu, Sohu, Sina, Netease, the industry as , these companies was 35 times the average price-earnings ratio, profit growth rate of 57%, while the U.S. average growth rate of Internet companies is only 40%;
3,5-10 years, the number of Internet users in China than the U.S. may be 4 times more China's Internet market has great development potential, on the other hand, the U.S. e-commerce market has begun to stagnate, China's large-scale development of e-commerce market has not yet begun;
4, the importance of the Internet industry as a plate, Network games are good,UGG bailey button, especially the future and cell phone. analysts highlighted the Perfect World;
5, Chinese Internet stocks than the U.S. Internet company's stock more investment value, because the users of Chinese Internet companies face group than in the U.S. will soon be big, just last week, Microsoft and Google posted quarterly results that surprise to analysts, Microsoft's Internet business is running at a deficit, Google released earnings after the trading day are met with retaliatory investors selling, or nearly 55 dollars, a drop of nearly 10%.
Appendix: CNBC: prospects for China's Internet in China than the U.S. NASDAQ News 20 March, the U.S. CNBC CNBC importance. He is also on the Chinese Internet industry, as well as Baidu, Sohu, Sina, Netease, IT stocks is appropriate. While market conditions next 3 months is unknown, but there is no doubt that IT sector will be the leader of the U.S. stock market. In addition, the U.S. stock market for Chinese Internet stocks are attractive for many investors. < br> number of users, the number of Internet users in China will overtake the United States next year. The Chinese Government will be released before the end of this month the number of Internet users in the data. the Chinese market this data is still slightly behind the United States, but when the Chinese market then the full development of 5 to 10 years later, the number of Internet users in China than the United States more than 4 times. Therefore, the Chinese Internet company's end markets and greater than the United States.
to 2008 profit calculations, the Nasdaq market in China Even if China's rapid development of e-commerce market has not, does not mean that the market is not the potential for rapid development. And the U.S. market has stalled.
addition to Internet search, the online games industry should also be good. for the Chinese market, online games is more important. Garrity said that when people talk about 3G iPhone, the game is a key element. China, most users will access the Internet through mobile phones, so online games is very important. He pointed out that some Chinese online game companies in the process positioned, for example, Perfect World. (Golden Boy)
Appendix II: Interview with the English original as received
... us is only 21% or ibm where it's only 27%, obviously you want us exposure probably 40% or his of total revenues. from that standpoint microsoft didn't make the cutoff.>>> and here in the united states, do you look out today and say those are screaming buys today?>> we think certainly if investors were to look at 12 to 18 months, and when you're looking at the stock market right now, bouncing off a low, and who knows what it will be three months from now, but certainly technology has been a strong sector to lead a market. so from that standpoint, yes, be selective, but pick your spots.>> okay. let's move on to the overseas plays that investors should be looking at. we're talking about china. on paper china looks like a fantastic market when you talk about the internet sector. in terms of users, china is on pace to surpass the number of internet users compared to here in the united states by sometime next year.>> well, certainly we're in a situation where the china 'government comes out every six months and essentially announces their account of online users in china. that could come out between now and the end of the month. it should show that china is still slightly behind the us, but when all is said and done and they're fully developed in 5 to 10 years, they'll have a user us base four times greater than the when you look at the internet companies in china you're looking at companies with an end market bigger than the us, but on '08 earnings, the four horsemen of the nasdaq and these companies are trading about 35 times earnings, those if you look at the earnings growth just, you had a 57% growth rate for the chinese companies versus about 40% for the us>> do you think it's unfair to make the comparison? because the internet market is much different in china.>> right , but you're in a situation in china where in contrast to the us, standard of living is rising 59 a fairly rapid rate. if the e-commerce desires may not be there as of yet, it's not to say the potential isn ' t there to have that market explode tomorrow, whereas obviously in the us, things are a bit more stagnant,UGGs, and as is that, open to question.>> we have a chart of the four horsemen. but also in addition to those , the internet searches, there's also the gaming. gaming is a huge market in china specifically.>> last time we talk about technology around the iphone launch,UGG shoes, and talked about the 3g. gaming was going ton an important element. most of the internet access in china is through handsets. so gaming is very important we think some of the game providers could be very good plays, a company become perfect world, pwrd.>> and these are massive players, not just games you download and play by yourself.>> they can be both kinds.>>> david, thanks so much for your picks today.>> thank you.>>> and today's s & p winners ,UGG boots, let's look at some of these. we've got a fair number of them. fannie mae, up in tandem with freddie mac on more optimism citi also, by the way, ganging on the back of a deutsche bank upgrade. and mattel with a nice pop on that stock. as for the loser on the s & p 500, advanced micro, certainly second quarter loss bigger than expected, but the ceo announced he is stepping down. supervalu is another loser, with cautious comments over at morgan stanley .>>> and hban, downgraded by fox, and we are seeing a 10% decline, and that does outpace the actual gain that we're seeing in the amex index.>>> it's certainly been a wild week for the market. art cashin is joining us for his take as we head into the final moments of trading. is this in fact a bear market bounce we're seeing.>> i kind of think so. we'll know better in the upcoming three days next week. for now maybe this is the sleepiest expiration day i've seen in a long time. they try to make hay out of oil pulling back, but the other two indices are mired in negative territory. >> art, i'm actually surprised that you say that the jury is stilt out to whether or not this is a bear market bounce. there's so much watchers out there who have come on and said this is a bear market bounce. >> what makes you think this should be a turnaround?>> as i said this morning, ...
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