Baidu’s (BIDU) big run-up on the heels of analyst comments took that stock to a market cap well above $11 billion. The company had just over $50 million in revenue last quarter.
Yahoo!’s (YHOO) market cap today was just below $36 billion. It revenue last quarter was just shy of $1.7 billion and its gross profit was over $1 billion.
Las Vegas odds are that Baidu can’t hit $400.
Douglas A. McIntyre