Monday, July 21, 2008

the BIDU and GOOG legacy continues

As we all know, GOOG missed earnings last week and got pummelled back down to around 470 now. BIDU also got taken down by the rest of the market but is holding up decently well just under 300 dollars a share. BIDU will be announcing earnings on Wednesday and a good report might just be the catalyst to take BIDU above GOOG's share price sometime in the next 3 months. We also have the chinese olympics coming up. But once again, it all depends on the report.

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