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Rames

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Rames

Re: Gamma1848 post# 294

Tuesday, 05/17/2011 12:00:48 PM

Tuesday, May 17, 2011 12:00:48 PM

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LONG / EXPE

LONG is up 50% today, EXPE owns 56% of the outstanding shares and those are valued with about $750 million now, about $250 million more than last night. Yet EXPE (which I own) is up a measly 1.x percent. With Tencent now on board, Expedia and eLong should have a good chance to gain market share in the years to come. At some point the market will understand this.
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