This company cannot be worth $3 billion, maybe $1billion
You are on drugs. China pop. is 10x USA. Q360 has 10% market share of GOOG. GOOG has a market cap of 223b so 10% is 23b. Do you still think 360 should be $1b market cap? Naturally I'm comparing apples to apples with respect to market share but we can't get any real numbers from any Chinese companies. And I'm assuming 360 will grab more market share as time goes on. They grabbed 10% with the flick of a switch.
sorry,after a 6.7% drop. All I'm saying is there is a fool born every day. Just got to be cautious of expectations and unaudited results. Or results claimed to be audited by or with auditors currently under SEC investigations. Which may or may not applied to this particular company. Good luck.
huh? 10% of goog market cap???? are u nuts?? Qihu is doing its own search engine so there is a lot of hype surrounding it for time being. Let the results row in and see how much they really grab and staying power. And whether the CEO can work with chinese govt and kiss the right hands.