Investors need to be able to stomach this ride, must keep at the forefront of their minds that they’re buying into this for the long-term, because there are lots of short-term uncertainties.

I think the initial read of the numbers was disappointing for a lot of people. Guidance as of last quarter was $500 (million)-to-$530 million. With typical analyst and investor behavior, we expect companies to upside...

These businesses are in their early stages in China. Search, e-commerce and wireless are relatively nascent industries.

The long-term fundamentals are intact and similar to what we saw here in the Internet sector.

It will be considered a one-time adjustment, rather than any real growth in a company’s value.