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JP Morgan 2009 网络经济】.pdf

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文档介绍:Global Equity Research
05 January 2009


Nothing

2009 Investment Guide

Global
Imran KhanAC
(1-212) 622-6693
@
. Morgan Securities Inc.
Bridget Weishaar
(1-212) 622-5032
@
. Morgan Securities Inc.
Lev Polinsky, CFA
(1-212) 622-8343
@
. Morgan Securities Inc.
Vasily KarasyovAC
(1-212) 622-5401
@
. Morgan Securities Inc.
China
Dick WeiAC
(852) 2800-8535
@
. Morgan Securities (Asia Pacific) Limited
Russia
Elena BazhenovaAC
(7-495) 937-7314
@
. Morgan Bank International LLC
Korea
Angela HongAC
(82-2) 758-5719
@
. Morgan Securities (Far East) Limited
Please see our separate notes out today
changing ratings for Amazon and Dice
Holdings. We also have a separate note
out today changing estimates and
introducing 2009 price targets for the
remainder of our coverage. All
data and valuation priced as of 30
December 2008.
See page 332 for analyst certification and important disclosures, including non-US analyst disclosures.
. Morgan does and seeks to do business panies covered in its research reports. As a result, investors should be aware that the firm may
have a conflict of interest that could affect the objectivity of this report. Investors should consider this report as only a single factor in making their
investment decision. Customers of . Morgan in the United States can receive independent, third-party research on pany panies
covered in this report, at no cost to them, where such research is available. Customers can access this independent research at
can call 1-800-477-0406 toll free to request a copy of this research.
Imran Khan Global Equity Research
(1-212) 622-6693 05 January 2009
@
Table of Contents
Key Investment Themes ...............................................