Friday, February 8, 2008

Analysts: Piper reiterates Baidu buy at $439

Doesn't expect anything to change on the music download
scene, since licensed stuff is going to be a small share,
and a previous lawsuit on the way Baidu links to
unlicensed stuff was defeated. Also believes music searches
make up about 10-15% of Baidu's traffic.

Basically the report reaffirms the status quo.

No comments: