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Technology Stocks : Baidu (BIDU) -- Ignore unavailable to you. Want to Upgrade?


To: Paul Chiu who wrote (663)4/26/2007 6:44:58 PM
From: Richard Tauber  Read Replies (1) | Respond to of 2093
 
I say $122.00 at 4pm tomorrow.

I sold half of my shares at $109.27 during regular hours and sold the rest at $132.05 tonight. (I got burned last quarter after earnings came out so I feared a repeat.)

Also, after seeing the action for AAPL last night and pre-market today, I thought the same pattern would happen with BIDU - so I got out.

Related to AAPL, where do you see the price 3 months from now?

Thanks,

Richard



To: Paul Chiu who wrote (663)4/26/2007 6:49:27 PM
From: Sr K  Read Replies (1) | Respond to of 2093
 
Yahoo had stale earnings for BIDU, still showing the Dec 2006 quarter as the next one, and going out only to 2007. Today they updated them, showing the 2008 at 2.94, making the forward PE 37.20 on the 4/25 close.

Now it's 44 or 45.

Look at AMZN. Up another 10% today and higher AH at 63 bid.

But I still say no, maybe a range as low as 122 and a close at 128.



To: Paul Chiu who wrote (663)4/26/2007 7:05:53 PM
From: manalagi  Read Replies (1) | Respond to of 2093
 
Yes Paul, it will close above 130.

Today I sold 10 June 100 put at $ 4/contract and use the proceeds to buy 10 June 120 calls at $ 3.20/contract giving a net positive cash inflow. Hopefully will be a big day tomorrow.