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$25.67 0.02 (0.08%)
10/6/2008 4:00 PM

Shanda Interactive Entertainment Ltd ADR (SNDA)

CAPS Rating:
*****

The Company is an interactive entertainment media company and the an operator of online games in China.

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Recs

4

Avatar vizzzy (93.39) Submitted: 10/19/06 9:26 PM : Outperform Start Price: $15.25 SNDA Score: 91.84

They took a gamble by changing their revenue model and trying to take this to the next level/prempt competition in a soon to be saturated/highly competitive market. Looking at similar models in other avenues it's got a chance to succeed. The temporary dip in earnings is part of the gamble and the reaction from the market is typical in its short-term focus on. Question is how much will the gamble payoff. Even a decent increase that gets them somewhere close to earlier performance should justify a premium over current price. Anything over that is gravy - and there could be a lot of it.

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