McDermott International (MDR) and Baidu.com (BIDU)

Tags: McDermott International, Baidu.com, MDR, BIDU
26 Jul 5:05am
Found an interesting read for all to check out. Do you think what this article says is Fair?

Long MDR, Short BIDU

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Ooh I like it. The Baidu reasoning is well explained, even being quite optimistic for Baidu's coming revenues (+177% growth next year and +65% the year after) while still building a case that their current price is very hard to maintain. Target of $60.. never thought anyone would actually come out and say it!
Posted on Jul 26, 2006 @12:59am
That's a target of $50 to you mr. metal

Joking aside, yes I think it's fair. I've always been a bear on Baidu (never really heard of Mcdermott) and they couldn't be more right.
Posted on Jul 26, 2006 @7:36am
mate it would be great if you could summarise it for us, I'm not much of a deep reader you see.
Posted on Jul 26, 2006 @12:50pm
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