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Qihoo 360 Technology Co. Ltd. Message Board

  • lwwahhh lwwahhh Mar 17, 2013 5:01 AM Flag

    It seems my only concern is Bidu's lawsuit again QIHU

    This case could turn QIHU back to where it was (late $10s or $20s) if Bidu wins the lawsuit, which is very likely. What are your views about it? Also, does anyone know the progress of the case? How long usually for this type of case to have an outcome?

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    • Hi lwwahh. Even if Baidu win the lawsuit, it's only for the equivalent of $16 million, so not a lot.. What's more likely to affect the shareprice is the market share it has been taking from Baidu. Qihu has gone from 10% marketshare in December to 12.36% in February. It is likely to be around 13% now. Anyway, that's just my opinion for what it's worth....

      Sentiment: Strong Buy

 
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