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whlin76

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whlin76

Re: EricM post# 63

Wednesday, 02/08/2006 11:57:04 AM

Wednesday, February 08, 2006 11:57:04 AM

Post# of 1532
Bottom out soon...?

At the current price around $45, I think it's pretty much bottomed out. If not, I don't think it's gonna dip below $40.

Everything about Baidu so far's been positive except for the valuation. Of course now with the price so low, I don't think it's going to be an issue.

I think the 4th Q, 2005 earnings will exceed expectation. Which would boost the price quite a bit with Google's earnings being somewhat disappointing.

I just wish I had more money to buy Baidu's shares to bring my average cost down. I guess I'm in it for the long haul now!
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