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Baidu: Chinese fireworks
Posted at 08:46 AM
There are very few other stocks that have the firepower of Baidu, which is aiming to become the Google of the Middle Kingdom. By Paul Honda Baidu had a supernatural run this week, and I have to wonder if Tuesday's run-up had anything to do with something that may or may not have been triggered by The Motley Fool. I got an e-mail on that day, a sales pitch (I'm not a subscriber) full of insistence that "The Next Google" is at hand. TMF noted a Co that is below $5 billion in market cap but ready to dominate its niche the way Google did. Plus, when Google started out, it was already a $100-billion-plus Co, hence the huge opportunity in this "Next Google." I don't know for sure, but how could TMF be talking about any other company BUT Baidu? Hmm... Disclaimer: Pupule Paul holds no position in Baidu. Previous Article: Apple: Wheat from the chaff Comments Post A Comment © Copyright 2003 HondaReport.com/Leahi.Net
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