IIC's Winners Watchlists

[IIC]

That's interesting. The 30 yr mortgage rate is lower than the Prime Rate:

[IIC]

Analyst Actions On Friday:

Note...TP=Target Price

Time EST Company Ticker Action & Rating Source

4:27pm ADESA EWU TP raised to $27 Barrington Research
4:24pm Aetna AET TP raised to $153 Raymond James
4:18pm Commerce Bancorp CBH TP reduced to $67 A.G. Edwards & Sons
4:16pm Maverick Tube MVK TP raised to $38 A.G. Edwards & Sons
4:14pm Dominion Resources D TP raised to $75 A.G. Edwards & Sons
4:11pm FPL Group FPL TP raised to $85 A.G. Edwards & Sons
4:10pm Sharper Image SHRP TP raised to $17 Wedbush Morgan Securities
4:08pm AMERCO AUK TP raised to $53 CL King
4:06pm Orient-Express OEH TP raised to $29 Bear Stearns
3:46pm Novatel Wireless NVTL TP raised to $35 IRG Research
3:42pm Wright Medical Group WMGI TP reduced to $32.75 First Albany
3:37pm ADESA EWU TP raised to $23 Stifel Nicolaus
3:34pm dj Orthopedics DJO TP raised to $28.4 WR Hambrecht & Co
3:13pm Aetna AET TP raised to $150 Prudential Financial
3:11pm CenterPoint CNP TP raised to $13 Prudential Financial
3:09pm Analog Devices ADI TP raised to $42 Prudential Financial
3:07pm ImClone IMCL TP reduced to $49 Prudential Financial
3:03pm Caesars Entertainment CZR TP raised to $17 Prudential Financial
3:00pm Belo Corp BLC TP reduced to $22 Prudential Financial
2:58pm Prudential Financial PRU TP raised to $62 Keefe Bruyette & Woods
2:56pm Ultimate Software Group ULTI TP raised to $16.5 Needham & Co
2:54pm Simple Tech STEC TP reduced to $6 Needham & Co
2:53pm Service Corporation International SCI upgraded to Peer Perform Bear Stearns
2:52pm Dell Computer DELL TP raised to $46 Needham & Co
2:50pm Buffalo Wild Wings BWLD TP raised to $36 Monarch Research
2:48pm Sharper Image SHRP TP reduced to $14 Monarch Research
2:46pm Newfield Exploration NFX TP raised to $78 KeyBanc Capital Markets
2:45pm May Department Stores Company MAY upgraded to Outperform Bear Stearns
2:38pm Arch Coal ACI upgraded to Buy Merrill Lynch
2:36pm Perini PCR downgraded to Neutral D.A. Davidson & Co.
2:32pm Great Wolf Resorts WOLF initiated with Strong Buy Raymond James
2:19pm National Information Consortium NAI initiated with Mkt Outperform Stifel Nicolaus
2:18pm XM Satellite Radio XMSR TP reduced to $40 Banc of America
2:10pm Starbucks SBUX initiated with Hold WR Hambrecht & Co
1:21pm FormFactor FMF downgraded to Sell Banc of America
1:11pm Education Management Corporation EDMC upgraded to Buy Banc of America
12:59pm Neurocrine Biosciences NBIX TP reduced to $42 First Albany
12:43pm Cubic UBQ downgraded to Underweight J.P. Morgan Securities
12:43pm Martin Marietta Materials MLM TP raised to $62 BB&T Capital Markets
12:41pm GlaxoSmithKline GSK TP reduced to $48 Prudential Financial
12:37pm Collegiate Funding Services FUV downgraded to Neutral J.P. Morgan Securities
12:25pm Analog Devices ADI TP raised to $42 Prudential Financial
11:35am Big Five BGFV downgraded to Equal-weight Stephens Inc.
10:59am Arris Group ARRS upgraded to Buy IRG Research
10:57am Navigant Consulting NCI upgraded to Outperform William Blair & Co
10:57am TEPPCO Partners TPP upgraded to Outperform Raymond James
10:55am XM Satellite Radio XMSR upgraded to Outperform Stifel Nicolaus
10:55am Goodrich Petroleum Corporation GDPAP upgraded to Buy Ferris Baker Watts
10:54am Red Robin Gourmet Burgers RRGB upgraded to Buy SunTrust Robinson Humphrey
10:53am Allete ALE downgraded to Hold Janney Montgomery Scott
10:52am InfraSource Services ID5 downgraded to Mkt Perform Stifel Nicolaus
10:51am Sharper Image SHRP downgraded to Sell Caris & Company
10:51am Apple Computer AAPL downgraded to Above Average Caris & Company
10:49am National Information Consortium EGOV initiated with Outperform Stifel Nicolaus
10:48am Starbucks SBUX initiated with Hold WR Hambrecht & Co
10:45am Alcon ACL TP raised to $96 Harris Nesbitt
10:44am Bright Horizons Family Solutions BFAM TP raised to $66 Harris Nesbitt
10:43am Education Management Corporation EDMC TP raised to $36 Harris Nesbitt
10:42am Ericsson ERICY TP reduced to $31 Harris Nesbitt
10:40am Standard Pacific SPF TP reduced to $96 Smith Barney Citigroup
10:39am Max Re Capital MXRE TP raised to $28.5 Smith Barney Citigroup
10:39am Lam Research Corp LRCX TP raised to $37 J.P. Morgan Securities
10:37am DR Horton DHI TP reduced to $56 Smith Barney Citigroup
10:37am Lennar Corp LEN.B TP reduced to $73 Smith Barney Citigroup
10:36am MDC Holdings MDC TP reduced to $95 Smith Barney Citigroup
10:35am May Department Stores Company MAY TP raised to $36 Smith Barney Citigroup
10:34am Centex CTX TP reduced to $82 Smith Barney Citigroup
10:33am FLYi AC2 TP reduced to $1.6 UBS
10:29am Nevada Gold and Casinos UWN downgraded to Buy Davenport & Co.
10:15am Analog Devices ADI TP reduced to $44 UBS
10:14am Brink's BCO upgraded to Strong Buy Davenport & Co.
10:14am Axis Capital Holdings ABAX TP raised to $30 Smith Barney Citigroup
10:13am Willis Group Holdings WSH TP reduced to $45 UBS
10:12am American Financial AFG TP raised to $32 UBS
10:11am Varian VARI TP raised to $50 UBS
10:10am Precision Drilling Corporation PDS TP raised to $88 UBS
10:09am Office Depot ODP TP raised to $18.25 UBS
10:09am Momenta Pharmaceuticals LZ1 TP reduced to $9.5 Banc of America
10:01am XM Satellite Radio XMSR TP reduced to $40 Banc of America
10:01am Office Depot ODP TP raised to $19 Deutsche Securities
10:00am Aetna AET TP raised to $150 Banc of America
9:58am Grant Prideco GPE TP raised to $25 Deutsche Securities
9:57am Maxtor Corp MXO TP raised to $7 Deutsche Securities
9:56am Simon Property Group SPG TP raised to $68 Deutsche Securities
9:55am Trizec Properties TRZ TP raised to $22.5 Morgan Stanley
9:54am Black Box BBOX downgraded to Underperform Robert W. Baird
9:54am Cytyc CYTC TP raised to $37 Morgan Stanley
9:52am Merck MRK TP reduced to $31 Morgan Stanley
9:51am Silgan Holdings SLGN TP raised to $65 Morgan Stanley
9:50am Kimco Realty KIM TP raised to $55.5 Morgan Stanley
9:50am Dura Automotive Sys DRRA downgraded to Underperform Robert W. Baird
9:50am Neurocrine Biosciences NBIX TP reduced to $33 Morgan Stanley
9:48am Alcon ACL TP raised to $89 Morgan Stanley
9:48am Dell Computer DLCA TP raised to $46 First Albany
9:47am Aetna AET TP raised to $150 Morgan Stanley
9:47am Lincoln National LNC TP raised to $52 Morgan Stanley
9:46am Health Care REIT Inc HCN downgraded to Hold Legg Mason
9:45am Watson Pharmaceuticals WPI TP raised to $32 CIBC World Markets
9:44am K2 Inc KTO TP reduced to $17 Ryan, Beck & Co
9:43am Carolina CG TP raised to $36 Morgan Stanley
9:41am Conmed CNMD TP raised to $31.5 First Albany
9:41am Senior Housing Properties Trust SNH upgraded to Buy Legg Mason
9:40am Loews Corp LTR TP raised to $70 Prudential Financial
9:38am Neurocrine Biosciences NBIX TP reduced to $42 First Albany
9:38am eBay EBAY TP reduced to $95 Piper Jaffray
9:37am Dell Computer DELL TP raised to $46 First Albany
9:35am Digital Theatre Systems DTS TP reduced to $18 Piper Jaffray
9:35am Analog Devices ADI TP raised to $31 Piper Jaffray
9:34am Corporate Office Properties OFC upgraded to Buy Legg Mason
9:34am Office Depot ODP TP raised to $20 Piper Jaffray
9:30am Eyetech Pharmaceuticals EYET initiated with Hold Smith Barney Citigroup
9:28am FormFactor FMF initiated with Equal-weight Morgan Stanley
9:17am XO Communications XOCM initiated with Underperform Thomas Weisel Partners
9:17am Talk America Holdings TALK initiated with Peer Perform Thomas Weisel Partners
9:16am Centennial Communications CYCL initiated with Peer Perform Thomas Weisel Partners
9:14am US LEC CLEC initiated with Underperform Thomas Weisel Partners
9:14am MCI MCIP initiated with Outperform Thomas Weisel Partners
9:13am Alamosa Holdings APCS initiated with Outperform Thomas Weisel Partners
9:10am Berry Petroleum BRY downgraded to Mkt Perform Raymond James
9:09am Precision Drilling Corporation PDS downgraded to Mkt Perform Raymond James
9:08am Black Box BBOX downgraded to Underperform Robert W. Baird
9:07am The Medicines Company MDCO downgraded to Hold Hibernia Southcoast Capital
9:06am SunGard Data Systems SDS downgraded to Underweight Morgan Stanley
9:05am Dell Computer DELL downgraded to Hold Smith Barney Citigroup
9:05am Health Care REIT Inc HCN downgraded to Hold Legg Mason
9:03am Collegiate Funding Services FUV downgraded to Neutral J.P. Morgan Securities
9:02am Lionbridge Technologies LIOX downgraded to Mkt Perform Friedman,Billings,Ramsey &Co
9:00am Monte Paschi di Siena MPS downgraded to Mkt Perform Ryan, Beck & Co
8:59am Accredited Home Lenders LEND downgraded to Mkt Outperform JMP Securities
8:58am EnCana ECA-A downgraded to Neutral Merrill Lynch
8:57am Energy Partners EPL downgraded to Neutral Merrill Lynch
8:57am FormFactor FMF downgraded to Sell Banc of America
8:56am Newfield Exploration NFX downgraded to Neutral Merrill Lynch
8:55am Ericsson ERICY downgraded to Mkt Perform Piper Jaffray
8:54am Ryland Group RYL downgraded to Hold Smith Barney Citigroup
8:53am Toll Brothers TOL downgraded to Hold Smith Barney Citigroup
8:52am KB Home KBH downgraded to Hold Smith Barney Citigroup
8:51am Hovnanian Enterprises HOV downgraded to Hold Smith Barney Citigroup
8:51am Pulte Homes PHM downgraded to Hold Smith Barney Citigroup
8:49am Beazer Homes USA BZH downgraded to Hold Smith Barney Citigroup
8:47am Renal Care Group RCI downgraded to Sector Perform CIBC World Markets
8:47am Corillian Corporation CORI downgraded to Neutral D.A. Davidson & Co.
8:46am Dura Automotive Sys DRRA downgraded to Underperform Robert W. Baird
8:46am Stericycle SRCL downgraded to Mkt Perform William Blair & Co
8:45am Cubic UBQ downgraded to Underweight J.P. Morgan Securities
8:43am Brown & Brown BRO upgraded to Buy Sandler O`Neill
8:43am Marathon Oil MRO upgraded to Hold KeyBanc Capital Markets
8:42am Senior Housing Properties Trust SNH upgraded to Buy Legg Mason
8:41am Corporate Office Properties OFC upgraded to Buy Legg Mason
8:38am May Department Stores Company MAY upgraded to Outperform Bear Stearns
8:38am Service Corporation International SCI upgraded to Peer Perform Bear Stearns
8:35am Education Management Corporation EDMC upgraded to Buy Banc of America
8:34am CenterPoint CNP upgraded to Neutral Banc of America
8:33am Parkway Properties PKY upgraded to Neutral Banc of America
8:31am Mack-Cali Realty CLI upgraded to Neutral Banc of America
8:31am Tanger Factory SKT upgraded to Neutral Banc of America
8:30am Realty Income O upgraded to Neutral Banc of America
8:28am Labor Ready LRW upgraded to Buy Merrill Lynch
8:28am Covad Communications COV upgraded to Outperform Thomas Weisel Partners
8:27am CTSH Cognizant Technology CTSH upgraded to Overweight Morgan Stanley
8:26am Level 3 Communications LVLT upgraded to Peer Perform Thomas Weisel Partners
8:25am Time Warner Telecom TWTC upgraded to Outperform Thomas Weisel Partners
8:24am AT&T Communications T upgraded to Peer Perform Thomas Weisel Partners
8:23am America West Holdings AWA upgraded to Neutral J.P. Morgan Securities
8:22am Novellus Systems NVLS upgraded to Outperform Credit Suisse First Boston
8:21am Senior Housing Properties Trust SNH upgraded to Buy UBS
7:57am Big Five BGFV upgraded to Outperform Wachovia Securities
7:52am Activision ATVI downgraded to Neutral Hilliard Lyons
7:47am Conmed CNMD TP raised to $31.5 First Albany
7:44am Grant Prideco GPE TP raised to $25 First Albany
7:40am MGI Pharma MOGN upgraded to Buy A.G. Edwards & Sons
7:20am Allete ALE TP raised to $42 Robert W. Baird
7:16am Wisconsin Energy WEC TP raised to $38 Robert W. Baird
7:11am Digital River DRIV TP reduced to $14 Miller Johnson Steichen Kin.
7:05am WCI Communities WCI TP raised to $40 Raymond James
7:03am Diamond Offshore Drilling DO TP raised to $52 Raymond James
7:01am Hewlett-Packard HPQ downgraded to Underweight Prudential Financial
6:55am Pacific Sunwear PSUN downgraded to Neutral J.P. Morgan Securities
6:54am Synaptics SYNA downgraded to Peer Perform Bear Stearns
6:24am Unilever UL TP raised to $41 Prudential Financial
6:16am Watson Pharmaceuticals WPI initiated with Underweight Prudential Financial
6:15am Spartech SEH downgraded to Hold KeyBanc Capital Markets
6:08am Unilever UNI TP raised to $68 Prudential Financial
6:03am Barr Laboratories BRL initiated with Neutral Weight Prudential Financial
6:02am Sepracor SEPR initiated with Neutral Weight Prudential Financial
6:00am Pharmaceutical Product Development, Inc. PPDI TP raised to $47 Robert W. Baird
5:59am Whole Foods Market WFMI upgraded to Hold KeyBanc Capital Markets
5:18am P.A.M. Transportation Services PTSI TP reduced to $18 Stephens Inc.
4:41am Teva TEVA initiated with Overweight Prudential Financial
4:38am Greenfield Online GFO upgraded to Overweight Stephens Inc.
4:04am Varco International VRC TP raised to $31 First Albany
3:45am AES Corporation AES TP raised to $18 Banc of America
3:42am Alcon ACL TP raised to $96 Banc of America
3:26am Whole Foods Market WFMI TP raised to $75 Banc of America
3:13am Microchip MCHP TP raised to $29 Banc of America
3:11am Linear Technology LLTC TP raised to $40 Banc of America
3:01am Diamond Offshore Drilling DO TP raised to $52 Hibernia Southcoast Capital
2:58am Playboy Enterprises PLA TP raised to $16 First Albany

[IIC]

Some IPO's expected this week:

COMPANY NAME
Ticker
Expected IPO Date
Shares
Price

PENINSULA PHARMACEUTICALS INC
PPRX
2/14/2005
5,750,000
$12.00-14.00

INTERACTIVE HEALTH, INC.
IHTT
2/14/2005
4,935,000
$15.00-17.00

ODIMO INC
ODMO
2/14/2005
3,125,000
$10.00-11.00

ALGORX PHARMACEUTICALS INC
AGRX
2/14/2005
6,800,000
$10.00-12.00

ALPHA NATURAL RESOURCES, INC.
ANR
2/15/2005
29,500,000
$16.00-18.00

ECC CAPITAL CORP
ECR 2/15/2005
57,189,693
$6.75-7.25

WRIGHT EXPRESS CORP
WXS
2/16/2005
40,000,000
$19.00-21.00

DOLBY LABORATORIES, INC.
DLB
2/17/2005
27,500,000
$13.50-15.50

[billyjoe]

Dolby labs looks like a good one to me. Great track record and product recognition.
billyjoe

[IIC]

OK...now what is there to prevent another lawsuit???

Who wants to take the lead???

SAN RAFAEL, Calif. (Feb. 12) - McDonald's Corp. will pay $8.5 million to settle a lawsuit accusing the fast-food giant of failing to inform consumers of delays in a plan to reduce fat in the cooking oil used for its popular french fries and other foods.
BanTransFats.com, a nonprofit advocacy group, sued McDonald's in California state court in 2003, alleging the company did not effectively disclose to the public that it had not switched to a healthier cooking oil.

In September 2002, McDonald's announced it would lower trans fat in its cooking oils and said the switch would be completed in five months. In February 2003, McDonald's announced a delay. The lawsuit accused the Oak Brook, Ill.-based company of failing to adequately inform consumers of that delay.

The agreement announced Wednesday requires McDonald's to pay $7 million to the American Heart Association to use the proceeds to educate the public about trans fats in foods. Heart-clogging trans fat is made when manufacturers add hydrogen to vegetable oil - a process called hydrogenation.

Wednesday's settlement also requires McDonald's to spend $1.5 million publicizing that it has not followed through on its 2002 pledge.

Additionally, the company will pay $7,500 to BanTransFats.com and $7,500 to Katherine Fettke, who had filed a separate complaint against McDonald's and has also agreed to settle.

McDonald's has reduced the amount of trans fat in its Chicken McNuggets, Crispy Chicken and McChicken sandwiches, said spokesman Walt Riker.

He said the company is working to reduce trans fat in its other fried foods.

"We're continuing to test. We want to make sure we get it right for our customers,'' he said.

[IIC]

Dolby labs looks like a good one to me. Great track record and product recognition.
billyjoe

Read this first: http://biz.yahoo.com//bizwk/050211/b3921144mz026_1.html

[IIC]

Rise and Fall of JOBS

Lawyers To 51job.com: You Mean There's Gambling Going On Here?
Posted by Perry Wu

How glorious for a Chinese company to be listed in the United States! You have access to all that money from hapless American investors. And you can be a company like 51job (JOBS) with nothing but a website, and if you meet the right investment banking people you gain access to all those tens of millions of American dollars.

But what the Lord giveth, the Lord taketh away.

If you haven't heard yet, 51job, the online Chinese job website, delivered a shocking report last week. The CEO, Rick Yan announced on an analyst conference call that there would be much less revenue in the fourth quarter than 51job had originally expected.

Yan reasoned that this was because Chinese Human Resources departments had somehow all used up their budgets earlier than expected. By December, according to Yan, these HR departments had essentially run out of money and had no more money to spend on 51job's classified ads.

Investors, very much unconvinced by Yan's reasoning, promptly kicked more than one-third of 51job's market value out of the air. The stock now trades at a shadow of its former high of over US$50.

And now it is high noon for the American lawyers. Within 48 hours, attorneys from firms all over America purporting to represent aggrieved investors began to issue press releases promising to punish 51job.

Like the famous "there's-gambling-going-on-here?" Casablanca line, the lawyers were saying, "You mean there's misrepresentation going on with Chinese Internet companies?"

Whenever a company's stock sharply declines, you can be sure that there will be many American lawyers on standby ready to pounce. But this is especially ridiculous. This is a Chinese Internet company we're talking about. And the market was valuing this company at more than $US 1 billion not too long ago.

Chinese Internet companies (and pretty much most non-American companies) listed in the United States have a great advantage over similar types of companies doing business in the US. You see, if you are a company like 51job, your stock is being bought and sold by people who know very little of the day-to-day dealings in China. Most of these investors have never walked past a Shanghai subway newspaper stand hawking 51job paper-based classifieds. Most of these investors have never sat in a Beijing mini-bus whose seat cushions are emblazoned with 51job's logo. And most investors know nothing about the daily Chinese-language online forum postings that say both good and bad things about 51job and its rivals like Zhaopin.com, Sohu.com (SOHU), Netease.com (NTES), and the hundreds of other smaller specialized job websites. American investors are in a bubble [sic].

So if you are an American investor, you rely on the reports issued by analysts in the ivory towers of Shanghai, Hong Kong, and Beijing. You read the news reports from foreign journalists based in China who often need translators to understand what is being said in press conferences and whose greatest desire is to get out of China as soon as possible so they can win a Pulitzer for war coverage in Afghanistan. You rely on the sanitized press releases issued via BusinessWire and PRNewswire on behalf of these listed firms. You are also relying, to a large extent, on the "laws of business" operating the same in China as they do in America. You are hoping that just because "GAAP" is flung around on a Chinese prospectus like a used napkin on the side of a hotpot table that you can get a firm grasp of a business in China.

China's business environment is constantly shifting. No news report, book, analyst's briefing, or conference call can give a more-than-half picture of the environment on the ground in China's different provinces.

Many of China's business sectors are booming. But with this boom comes rough seas and unexpected twists. If you are an investor in China's tech sector and you do not expect turbulence, go put your money under a mattress.

If poor accounting practices are found to blame in 51job's decline, than shame on them. But if their only fault was riding the wave, then shame on the investor.

[IIC]

Mr B is updated if you'd like to take a look at http://MrBreakout.com

...Thanks, Doug(IIC)

[ParkTwain]

IIC, could you fix the layout of the text on your site's pages so that the width of the text automatically adjusts to the width of one's browser window. What you have now makes it pretty hard to read the very wide lines of text.

[IIC]

IIC, could you fix the layout of the text on your site's pages so that the width of the text automatically adjusts to the width of one's browser window. What you have now makes it pretty hard to read the very wide lines of text.

Sorry...I don't know how to do that...Although I will try as you are not the only one who has mentioned it. You must have a monitor of less than 19"???

The host I use is really a beginner's type setup...I can mix html with regular type and mix Java/non-Java but I am using the preformatted setup...don't know how to use the Free Form.

I will check into it...If you use a a smaller size on your Contol Panel/Display/Settings that would probably do it...but I shouldn't expect people to change their display just for me. I use 1024x768 on a 19" monitor at home and it fits just right. But I know what you mean as I use 800x600 on a 17" monitor at work and it is a pain...although I rarely look at the site at work.

There is another alternative I just thought of...I will give it a try next week.

Sorry, I'll see what I can do...Best, Doug(IIC)

[ParkTwain]

I think you must place the text in an HTML table, or use what are called CSS (style sheets), to determine the minimum and maximum width of the lines of text in a given series of text paragraphs. The result you want is for the width of the text lines to adjust to the width of the browser's window (not to the size of the screen). Look at most websites, and you'll see that the text layout has this feature.

[IIC]

I think you must place the text in an HTML table, or use what are called CSS (style sheets), to determine the minimum and maximum width of the lines of text in a given series of text paragraphs. The result you want is for the width of the text lines to adjust to the width of the browser's window (not to the size of the screen). Look at most websites, and you'll see that the text layout has this feature.

I know what you are talking about...but now I need to learn how to do it...But actually, I have had probs in the past with Yahoo forums using a 17" monitor w/ 800x600. Some of the post text is covered by ads...Well...You gave me something to work on...Thx

[IIC]

UBET announces A/H...also hitting China Market http://biz.yahoo.com/bw/050214/145630_1.html

PreWatch: ENCY DSCO HDWR AVII RMBS TASR FLEX IPS ARBA ISLE

Upgrades: PHLY GNVC AIV WABC PACR MNST NBIX ASH NTAP GTW AMTD EL WFC BT GOOG RBAK RMK DUK

[MickyMouse]

Iic

UBET announces A/H...also hitting China Market http://biz.yahoo.com/bw/050214/145630_1.html

PreWatch: ENCY DSCO HDWR AVII RMBS TASR FLEX IPS ARBA ISLE

Upgrades: PHLY GNVC AIV WABC PACR MNST NBIX ASH NTAP GTW AMTD EL WFC BT GOOG RBAK RMK DUK

Doug,

Why the big drop AH?

In the report, it mentioned the non-wager website at mainland China. A such web in Hongkong may be a better idea, since horse betting is not legal (at least for now) in mainland. IMHO, this brag can be ignored.

Micky

[IIC]

Doug,

Why the big drop AH?

In the report, it mentioned the non-wager website at mainland China. A such web in Hongkong may be a better idea, since horse betting is not legal (at least for now) in mainland. IMHO, this brag can be ignored.

Micky

Not sure...have not read about the market today yet...worked late. But I bailed on ZICA at 7.70 and UBET at 5.65 before I went to work...held COGT though...I Bot it at 32.16 on 1/5...held through all the carnage...IIC