Several days ago we highlighted Sohu Inc. (SOHU), a Chinese internet portal which was experiencing rapid growth tied in part to the upcoming Chinese Olympics. Now there is a new report out that China's that its fast-growing population of Internet users has soared to 221 million, tying the United States for the largest number of people online, according to government data reported Thursday. It was a 61 percent increase over the 137 million Internet users reported by the government at the start of 2007. This explosive growth should continue to drive growth expectation for SOHU for some time. With a new FusionIQ timing BUY and a 98 Technical Score SOHU still looks attractive here for new buyers.
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