Apple Inc (AAPL)

[fmikehugo]

For all our sinophiles....from Briefing

08:31 Piper says pullback in China Interent stocks is a buying opportunity

Piper Jaffray sees the pull back in China Internet stocks as a buying opportunity. These stocks have been coming down from their mid-Jan highs and were further pressured by SOHU's results, which fell short of expectations. The firm believes investors are waiting for the two remaining companies to report: NTES in mid-Feb, and CTRP in early March. The firm urges investors to have a solid exposure to the Chinese Internet sector, as China is posed to be the largest Internet market in the world and is already a highly profitable market. The firm expects new cos to emerge in the public markets during 2004, offering investors a more comprehensive segment to invest in.