Alibaba IPOs, Curious George & Aqua Dots, Rudy�s China Platform, & Yahoo Gets Blasted

Alibaba IPOs
While Alibaba is a company I have covered before, and this was probably one of the most OVERHYPED stories of the week, it was an event I did not have time to cover. In the end, Alibaba raised 1.5 billion USD and nearly tripled in its first day… or a whopping 155 times earnings. My opinion, if you are holding… sell now. 155 p/e is just a bit more than reality calls for, and while Jack is no on a roll, I still question the ability of Jack to monetize some of his core products.

Curious George and Aqua Dots Recalled
it appears that not only is Curious George (manufactured by Hasbro) joining the 2007 line of lead painted toys, but that there are now toxic beads on the market that if swallowed will cause a chemical reaction that results in gamma-hydroxy butyrate. go figure.. they are called Aqua Dots and have a bit of a 70s motif on their packaging… Parents, please return these immediately, and … don’t get any funny ideas about slipping these into the water cooler on Monday. It is all in fun until someone gets hurt.

Rudy Talks About China
As time to November 2008 grows closer, I am sure that you will begin seeing some more political posts from me. I wish I could say I could help myself, but I think that it is important for everyone to understand just where the candidates stand with China as the next President will need to fully understand China in order to develop a positive relationship with China… and while the sound bites were few, I can see Rudy is at least thinking about China. surely, there is more to come.

Yahoo In China: An Unfair Attack
There is no doubt about it. China is a hot political topic, and Yahoo felt the full brunt of this. fortunately, writers like Duncan Riley over at Techcrunch are willing to look at this situation through politic free glasses and question what Yahoo actually did wrong. His analogy of what U.S. companies have had to do in the name of terrorism are well place, and while I would not say the folks at Yahoo are not Pygmies, I would say they are spineless and played into the politics of the situation. Why have I highlighted this article? Simple… right now there is a lot of misplaced political pressure in the U.S., and firms who are on the wrong side of the Red Scare need to begin pushing back to protect themselves from being caught up in the net of a few politicians looking to grab the spotlight.

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