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$364.59 0.32 (0.09%)
5/16/2008 4:00 PM

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

CAPS Rating:
***

A Chinese language Internet search provider.

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Avatar deuspecuniae (24.57) Submitted: 5/06/08 11:47 PM : Underperform Start Price: $371.25 BIDU Score: 2.29

There is no way that the growth seen thus far by the company will continue for as long as most believe. This company reminds me of the good old days --you know...the 90's when internet companies had unlimited growth built into their market caps. However, reality seems to always ruin the bull's fun, and lets just say that history is doomed to repeat for those who have not learned from the past. A P/E of 130.43 is a joke even when thie company is growing at barely over 100%. I see this stock hitting resistance at $400 and heading back to the $200's before this summer is over.

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