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$6.81 0.15 (2.25%)
10/10/2008 3:59 PM

eLong, Inc. (ADR) (LONG)

CAPS Rating:
***

The Company is an online travel service provider in China. It utilizes a centralized modern call center and web-based distribution technologies to provide our services.

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Avatar FleaBagger (96.00) Submitted: 6/16/08 4:07 PM : Outperform Start Price: $7.77 LONG Score: 23.01

As long as they don't spend those yuan, they should go up in plummeting dollars for a while. The Chinese travel angle is more speculative, because who knows whether or not this company will be able to capitalize on it. The chance that they will seems like pretty prudent speculation, though. It will have tailwinds for years, due to increased travel between Taiwan and the mainland resulting from the island's new political direction.

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