Tuesday, March 18, 2008

Ali-where to?

With the stock down 15 - 20% this morning, below $13 and it's IPO price, many might wonder where to now?

Market cap at the lunch time close was US$8.46 bn. That's less than a third of its peak but still not exactly chump change and still 5-6 times what the market says Global Sources is worth.

All eyes will be on the upcoming results announcement. We have to hope for their sake that they hit their numbers!
Sent via BlackBerry.

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