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$1.23 -0.01 (-0.81%)
11/19/2008 11:05 AM

Ninetowns Internet Technlgy Grp Co Ltd. (NINE)

CAPS Rating:
**

A PRC software company that enables enterprises and trade-related PRC government agencies to streamline the import/export process in China.

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Avatar JMacAttack (99.54) Submitted: 3/06/07 1:06 PM : Underperform Start Price: $4.38 NINE Score: 32.14

Yes, NINE is a player in the Chinese markets, but the problem is that the PRC is giving away its software product. NINE can only count on selling maintenance and service agreements to earn their revenue.





On top of that, their EPS has been dropping each quarter.

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