Baidu.com, Inc. (ADR) (BIDU)

SapphireSeas (75.93) Submitted: 10/04/07 9:39 AM : Start Price: $309.60 BIDU Score: 11.57

Yeah, Yeah, I know. We've heard it all before.

BIDU's P/E is too high and unsustainable; all reminiscent of the dot.com bubble in America in the late 1990's.

Well, China is not the United States. While stocks may be inflated, and will always come back to Earth at some point, that point is not yet in sight for Internet stocks in China. What is more likely is the emergence of some type of strong competition, but that too, is no where to be seen. Buy and hold long.

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