Chuck Kasparov

Perfect World Announces Share Repurchase Program

nah, they are too expensive right now. all the chinese game companies were buying their own stock after the big fall happened, and after they finished buying their stocks fell another 25% or so.

I think GA is a much better value right now if you check out their balance sheet. They still have $600 million or so in cash (after their $150 million buyback. Their earnings are around $200 million a year. And their market cap is around $1.5B.

I'm very nervous about their next earnings report however. So I will wait until their next earnings report before I commit.