Baidu is the first Chinese search engine to get approval to run a news service. People are comparing it to Google, but I don't think that's quite accurate--it looks more like …a fledgling Yahoo to me.\n.
\nThe major advantage of this stock is its uniqueness: while dot-com plays are old hat, this one's in China where the Internet is still largely uncharted territory. The major DISadvantage of it is that it's in a communist country that could shut down the Internet if it decides it's interfering with the revolution. \n.
\nSomething that really makes me happy about Baidu's chances is that their management is no joke: the man who created Infoseek's search engine built Baidu's. \n.
\nBaidu COULD be a good investment, if you're willing to ride out its extreme volatility (over the last 52 weeks, it's varied by over $200 per share) and if you're willing to keep a $195 put under it. (MORE)