Friday, August 05, 2005

BIDU

Am I the only guy in the world who thinks the underwriters should be assinated for pricing this deal and watching it run up over 100 points on the first day of trading? I call it theft of corporate assets by Wall Street.

The nonsense that this stock was priced right is asinine. Just more of the same. Goldman Sachs going to the bank. I guess Google's Dutch Auction IPO wasn't enough to convince them.

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