BIDU

Is Bidu really trading with an $85 p/e. Stock price is suppose to reflect EPS times P/E. This stock has earnings per a share of $5.67. So it should be trading at $487. They have about $600 million in cash and currently only have the Chinese market as their customer. This P/E cannot stay here. Even on a fundamental basis this price doesn't make sense. See you at $350.