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Power Ratings Product Reviews Tech Stats Wildstrom: Tech Maven AUTOS Home Page Auto Reviews Classic Cars Car Care & Safety Hybrids INNOVATION & DESIGN Home Page Architecture Brand Equity Auto Design Game Room SMALLBIZ Smart Answers Success Stories Today's Tip INVESTING Investing: Europe Annual Reports BW 50 S&P Picks & Pans Stock Screeners Free S&P Stock Report SCOREBOARDS Hot Growth 100 Mutual Funds Info Tech 100 S&P 500 B-SCHOOLS Undergrad Programs MBA Blogs MBA Profiles MBA Rankings Who's Hiring Grads BW EXTRAS BW Digital BW Mobile BW Online Alerts Dashboard Widgets Podcasts RSS RSS Feeds RSS Reprints/ Permissions Conferences Research Services FEBRUARY 23, 2005 STORY TOOLS Printer-Friendly Version E-Mail This Story Related Items Word on the Street Archive PEOPLE SEARCH Search for business contacts: First Name : ____________________ Last Name : ____________________ Company Name : ____________________ Submit PREMIUM SEARCH Search by job title, geography and build a list of executive contacts Search by Zoominfo Advice from Standard and Poors WORD ON THE STREET Piper Jaffray Reiterates Outperform on Netease.com Analyst Safa Rashtchy sees the company's gaming segment will account for the majority of its revenues in 2005 Piper Jaffray reiterates Netease.com (NTES ) outperform. Analyst Safa Rashtchy says the company posted solid quarter with strong growth in the gaming segment, which rose 23% quarter-over-quarter on expansion of new service packs and seasonal strength. He notes, while the company's wireless segment remains weak, it now represents only 10% of revenues. He sees the gaming business, which was the company's most consistent, strongest growth business, accounting for 80% of 2005 revenues, vs. just 50% at the start of 2004. Rashtchy keeps his 2005 earnings per share estimate at $2.30 due to a 1 time research and development charge in the first quarter which is expected rise in share count. But excluding these items, Rashtchy notes he would have upped 2005 earnings per share by about 20 cents due to its strong gaming segment. All of the views expressed in this research report accurately reflect the research analyst's personal views regarding any and all of the subject securities or issuers. 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