Company Analysis

1) COMPANY PROFILE: Sohu.com (SOHU: NASDAQ), Inc. provides a range of online products and services to consumers and businesses in the People's Republic of China. Its products and services comprise brand advertising, sponsored search, online gaming and wireless services. The company's products and services to users include content on  Mass Portal/Media Destination: Includes news, business and finance, entertainment, sports, information technology, automobile and real estate.  Brand Advertising and Online products and services: Online games and wireless products with a focus on entertainment, information and communications.  Communication and community tools: Alumni clubs, blogs, email, picture galleries, message boards and Web messenger.  Search/Directory services: Web page search, music search, news search, picture search and map search. Its Web properties and proprietary search engines include sohu.com, a mass portal and online media destination; sogou.com, an interactive proprietary search engine; 17173.com, a games information portal; focus.cn, a real estate Web site; chinaren.com, an online alumni club; go2map.com, an online mapping service provider; and goodfeel.com.cn, a wireless service provider. The company also has regional Websites in sixteen cities in China and has established exclusive partnership/sponsorships with content partners and sponsors including the NBA, Disney, Formula One, Sprite and China Tennis Open. The company was founded in 1996, was formerly known as Internet Technologies China Incorporated and changed its name to Sohu.com, Inc. in 1999. Sohu, a key partner in the 2008 Beijing Olympics, is based in Beijing, the People's Republic of China. 2) FINANCIAL TABLES AND RATIOS:

Table 1: Income Statement

Period Total Revenue($mil) Gross Income($mil) Net Income($mil)

Table 2: Balance Sheet

Q3,2008 120.68 88.76 40.26

Q3,2007 31-Dec-2007 51.52 34.37 9.69 189 124.17 34.95

31-Dec-2006 134 85.87 26.73

Period Total Assets ($mil)...