Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Guidance and Visibility -- Ignore unavailable to you. Want to Upgrade?

To: J.F. who wrote (166564)	10/11/2007 6:53:22 PM
From: qu168	Read Replies (1) \| Respond to of 208838

This might help: Analyst Actions: Baidu.com, Ruby Tuesday, Gigamedia A roundup of Thursday's Wall Street research on selected stocks From Standard & Poor's Equity Research BAIDU.COM JP Morgan cut its third-quarter revenue estimate on Baidu.com (BIDU) on Oct. 11. Analyst Dick Wei tells salesforce he's cutting Baidu's third-quarter revenue estimate to about $65.7 million from $67.9 million, as his latest checks suggest an in-line quarter. Wei believes the recent shutdown of some smaller websites in China and the Shenzhen distribution transition (to direct sales) will lead to slower growth in the second half of 2007, but will be positive in the long term. He notes, as of the Oct. 10 close, Baidu's share price had risen about 20% since Oct. 1. Believes any share price pull-backs on the back of these short-term issues offer an excellent buying opportunity for the leading Chinese search engine. The analyst maintains his overweight rating, $400 target price, and third quarter GAAP EPS estimate of 62 cents.