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Baidu, Inc. Message Board

  • zagususky zagususky Aug 19, 2005 8:21 PM Flag

    It is still overpriced

    Based on its high PE ratio, comparing to even other well established China internet public companies, the prediction is it will continue to decay exponentially. Unless there are some news of panic buying, it will reach asmptotically followed by a few spikes. I have talked to those close to the industry. We are of the opinion that the founders have the visions of Goggle. This search engine is highly filtered and controlled by the government even for non-politcal sensitive sites like Amazon books...... Those who did not catch the initial profit taking on 1st few days need to stay away from speculative tradings. This fever will be driven from a Mt View based companies how they managed their assets. Recalling CSCO's purchases most did not pay off.

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BIDU
230.98-2.18(-0.93%)Dec 24 1:00 PMEST

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