Chen Tianqiao “Shanda is more mature”
“Shanda is unwilling to earn shot-term money, while it doesn’t mean Shanda doesn’t have the ability to profit because we will not do the things conflicting with our principal objective. For instance, though we can profit from pay-to-play mode, we adopt free-to-play mode for it is better satisfy our principal objective,” says Shanda’s CEO Chen Tianqiao, “Each time Shanda got its success at the cost of taking huge risk and went through hardship, however, Shanda is more likely to succeed when it experiences hardship. Now, Shanda is more mature and confident than ever.”
Chen has been given confidence by two pieces of news. One is about Actoz, Shanda-controlling company and also the developer of “Legend”, Actoz's share price increased 14% when it released its new online game, the other one Sina, having sold 19.5% stake to Shanda, its share price increased 17% after it announced its Q2 financial report. According to Shanda’s insiders, Actoz and Sina’s previous unsatisfying performances influence Shanda a lot, while, now the current situation has changed. |
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| sina http://tech.sina.com.cn/i/2006-08-11/09271081554.shtml |
Tuesday, August 15, 2006
Was there ever any doubt?
Shanda (SNDA)
Nemesis. Disaster. Woe and Ruin.
The sort of terminology that has been coming to mind over the last 6 months or year when it comes to this stock, my primary equity holding.
Chinese Internet Gaming and Entertainment. Visionary CEO. Partnerships with many major US companies including Disney, HP, and Motorola. Archlord and Dungeons and Dragons.
The stock has almost rebounded fully from one of the following: the governmental regulation fiasco; The MIR II fiasco;The free-to-play fiasco. Yes, these are all separate traumatic events.
Will The9 fall? Will the World of Warcraft be supplanted? Will Shanda reclaim its throne as the #1 Chinese Internet Gaming company?
Tune in tonight at 9pm to the conference call! Riches are waiting to be plundered. Dartskyd holds 3000 shares. Holla.
Thursday, August 03, 2006
Welcome!
Everyone seems to need a voice on the Net these days. Well, even though I'm not willing to scream to be heard, I've been won over. Everyone give thanks to a certain Joe Rogan, or perhaps a distinguished Tommy Angelo.
You may be interested in the following topics: $, $$, $$$
Seriously though, this is a window into the mind of a successful professional poker player. Age is not an issue. Skill tested over thousands of hands is the measure of my talent.
There will also be social commentary, discussion of my as yet futile efforts to conquer the stock market, various life updates, etc. But you know where the drama comes from. War on virtual green felt.
Oh yeah.
Vegas Baby, Vegas!
You may be interested in the following topics: $, $$, $$$
Seriously though, this is a window into the mind of a successful professional poker player. Age is not an issue. Skill tested over thousands of hands is the measure of my talent.
There will also be social commentary, discussion of my as yet futile efforts to conquer the stock market, various life updates, etc. But you know where the drama comes from. War on virtual green felt.
Oh yeah.
Vegas Baby, Vegas!
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