Monday, February 11, 2008

Analysts: Pacific Crest upgrades to outperform

Weinstein expects revenue of $67.5 million
and EPS of 69 cents, lower than the average
$76.9 million and 71 cents.

Projects 100% revenue growth or more for the
next two years, driven by growth in
advertisers as Baidu penetrates more markets
and increases spending per advertiser.
Thinks Google China's entry into music, which
has fueled new competitive concerns, are
probably overdone.

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