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Qiao Xing Universal Resources, Inc. Message Board

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  • biggest_bison biggest_bison Oct 28, 2007 6:58 PM Flag

    Why doesn't Yahoo have a PE for XING or QXM?

    "And a big time fund is going to invest in this?"

    absolutely. they invest because the rate of return is greater than most found in the US or Europe. Bear Stearns did it. Goldman Sachs did it. And others have too.

    Anyway, the complexities of QXM are far less than that of XING. QXM is pretty transparent. XING is basically a "tracking stock" tied to the performance of others, and those are sometimes very hard to understand.