I think the initial read of the numbers was disappointing for a lot of people. Guidance as of last quarter was 500 (million)-to-530 million. With typical analyst and investor behavior, we expect companies to upside from what their guidance is.
I think the initial read of the numbers was disappointing for a lot of people. Guidance as of last quarter was 500 (million)-to-530 million. With typical analyst and investor behavior, we expect companies to upside from what their guidance is.
The long-term fundamentals are intact and similar to what we saw here in the Internet sector.
These businesses are in their early stages in China. Search, e-commerce and wireless are relatively nascent industries.
It will be considered a one-time adjustment, rather than any real growth in a company's value.
© 2020 Inspirational Stories
© 2020 Inspirational Stories