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

To: manalagi who wrote (1543)	7/7/2011 10:01:56 PM
From: tom pope	Read Replies (1) \| Respond to of 2098

Well, I sure don't follow his logic. You reduce the multiple from 37 to 14 and the price goes up? Must be missing something here. Baidu trades at 37 times forward earnings, Google (GOOG) trades at 14 times forward earnings, if we take Google’s current multiples and overlay them on Baidu’s current stock price, we could see an increase from $145 a share to around $385 a share. If we look at trailing earnings—we estimate that Baidu shares would be worth around $600 a share.