NTES Reported a major beat on Sales by $10.74 million......Consensus $82.26 million Actual $93.0 million.....
EPS is 30 cents a miss by 1 cents from consensus due to a hefty sequential increase in taxes of $23.9 million......Q4 had tax credit of $7.5 million vs a charge of $16.4 million in Q1....Q/Q difference of $23.9 million????
NTES stock is down AH to $21.00 bid ???down $3.05 from close on 37,695 shares after release of ER.....
CC is @ 9.00 PM eastern.....will take it from there ....
Bought PMCS my cost $8.41...
My portfolio is NTES,PMCS,RIMM,SOL,V......
BLOG does NOT give buy or sell.
Saleem
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