I do see your point about how liquid and fluid the u.s. market is compared to let's say the Chinese market, and you are right rumors get created and circulated for one's own sake etc. But I truly believe the qihoo story is really not going to hold water, since the websites really are not that good compared to other Chinese websites. I just don't know of anyone in China who regularly use them, other than their free 360 anti virus ware. And, we all know where most of the anti virus company founders end up, in exile in South America!
Sentiment: Sell