Baidu

. Baidu .com - The Chinese version of Google RBC sees favorable trends and a target of $333 a potential 40 % plus gain
Three Year projected earnings per share growth 83% Key Points in the RBC Review 3rd Quarter 2007 tracking well in ad growth 60 % of the Chinese search market -
Leverage from low cost labor Travel and education segments are growing Each month is stronger sequentially than the prior month
Employment level is 5000 and rising - shows management confidence - 70% are in sales and customer service
Revenue 2006 A 105.7 MM 2007 E 231.4 2208 E 436.2 rising to 687 in 2009
Earnings per share ( OP) 2006 A 1.26 P/E NM 2007 E 2.14 P/E NM 2008 E 4.91 P/E 47.8 dropping to 30.1 in 2009
Rating : Outperform