Monday, July 30, 2007

Ninetowns Reports First Quarter 2007 Results

Ninetowns Reports First Quarter 2007 Results

It's always a good sign that the financial results are a bit duff when the Q1 results press release waits until paragraph five to mention money. Otherwise, it's "continue to execute its strategy", etc. etc., hoping that readers will be too bored to get down to the bit which tells them that Q1 revenues were just $2.8 million, down 55.3%.

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