Happycampers, this is a great article on what is to be expected from TCOM.
With a market cap of $4B (32.3M shares)for Baidu and expected revenues of $30M for 2005, we have a pps around $125.
If I transpose it all for TCOM, we are talking about a marketcap under $4M (70.2M + 30M restricted shares) for revenues around $15M this year, the potential is there for a big pps increase when people realizes it.
All this information has to come out, hopefully the board meeting will highlight it all for the investment community later this month.
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