AIRMEDIA (AMCN)
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Good idea for a company, pretty good fundamentals for China.
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Highly volitile stock,but growth potential here in digital media network and advertising looks awesome.
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Growth At Reasonable Price in a faster growing economy.
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china stock
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Increase in air travel in China will also increase the prices advertisers pay to have their products shown at airports but at this kind of p/e ratio I can find better investements..
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Look for jump before/during the Olympics.
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As of close of business on 12/31/07, this was a 1-star Morningstar stock trading at more than double it's Morningstar fair value.
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They own virtually all airport advertising media in China.
Add this to the increase in volume due to the Olympics.
Cha-Ching.
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Olympics.
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Lots of similar companies in China like this one. FMCN is a great success. Even their tickers look alike. With the coming IPO of CGEN, the market will test it out.

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