Zhang Chaoyang expects sohu.com earns profit in 2003
The chief executive officer of Sohu.com Zhang Chaoyang said he didn¡¦t worry about its share price slump on Nasdaq. And the slumping didn¡¦t mean the dissatisfactory outlook of the company.He expected the company would come to its balance in Q4 of 2002, and gain the earnings from 2003 on.Mr.Zhang said his company were not puzzled by its share price. The most important is the improvement of financial status.As for the share price falling to US$1 from its IPO price US$13 each last July, he said the main reason was the shares could only be traded on Nasdaq, but not available on China market, so it means most of the sohu.com users could not hold its shares.
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