Saturday, August 06, 2005
Sino Search Engine
350% soar
Rather like the dot bubble days when customer service reps would alt-tab between calls to check their millionaire worth. The price of Chinese search company Baidu.com rockets Friday on its first day of trading, starting at $27 and closing at a whacking $122.54. Clever Google paid $5 million last year for 749,625 shares -- a stake worth $92 million as of Friday.
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