Subaye, Inc (SBAY)

[BigOnChina]

Very interesting press release this morning. I like the change of direction and even though it may be a short terms hiccup for the stock, I think long term this is a great move. Cloud computing is certainly the wave of the future and I applaud management for recognizing it.

This new software bundle which includes CRM software reminds me of a similar move by a company here in the states, Salesforce. Salesforce is a $15 billion company so I'm thinking there is plenty of room for growth or maybe even.....wait for it....a buyout at a later date?

Also in the press release, we finally have a launch date for the long awaited 3-D mall. That's certainly going to be a positive catalyst as revenue comes in.

Analysts are estimating 0.31 a share this quarter and 0.28 next quarter. I'm coming in closer to .38 this quarter and .41 next quarter.

Anyone have an opinion to share?