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

To: John Carragher who wrote (1473)	2/9/2011 5:18:20 PM
From: manalagi	Respond to of 2098

The stock market is irrational. Why would any analyst raise the target price to $ 158 when the P/E is in nose bleed territory. Just look at Apple with a low P/E. So, what measure is used to justify the price? Each pundit has his own yard stick, just look at Motley Fool and Jim Cramer who are really hot on Baidu. Is Baidu a bubble? Don't know. Is it safe investment at this level? Depends who is going to give the answer. The important thing is each individual has to make the decision based on his/her financial situation, age and needs. Many of us have invested in Baidu for a while and enjoy the ride. As long as the ride is going uphill, just enjoy, but make sure there is an exit strategy when the stock start downhill. Here is what my boss taught me, and the highly respected dabum3 Member 8888524 liked it so much that placed it in his personal profile as well: "the decision that you made, given the data, given your knowledge and experience and the urgency to fix the problem, was the right one - even if the outcome was not what you want". Happy Investing.