Monday, December 31, 2007

JP Morgan reiterates bullishness on Baidu...

in the wake of Shawn's death. Price target of $400, rating
'buy'. Dick Wei, the Hong Kong based JPM analyst, commented:

"We remain positive of Baidu, the dominant market
leader in China's online search market, which is still in
an early growth stage," Wei said.

Marketwatch report on the JPM call

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