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Peridot Capital Management LLC

Registered Investment Advisor
Bound to Fiduciary Standard
Serving clients nationwide

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Peridot Capital Management LLC

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Nasdaq 5,000?

August 5, 2005 Chad Brand, Peridot Capital Management LLC
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Why didn't I buy shares of Baidu.com (BIDU) when the IPO that priced last night at $27 opened today at $66 per share? Did it really hit $151 this afternoon? Is it 1999 all over again?

Now I know this is the largest search site in China, and only 10% of that country is online today, and people are making a Google (GOOG) comparison, but keep in mind the company is now worth more than $4.3 billion and had first quarter sales of $5.1 million.

In tech and telecom
← Contain Excitement Over Cisco/Nokia RumorsThe Buyouts Mount →

Peridot Capital Management LLC is a registered investment advisor in the states of Maryland, Pennsylvania, and Washington. The firm may not transact business in states where it is not registered or exempted from registration. In most states, the firm is exempt from registration if it has fewer than six clients who are residents of that state. As a result, Peridot Capital Management LLC is free to provide services to residents of every state and applies for registration as required. Individualized responses to persons that involve either the effecting of transactions in securities, or the rendering of personalized investment advice for compensation, will not be made without registration or exemption.

The content published on our blog represents the opinions of Mr. Brand and he and/or his clients may hold positions in securities discussed. Such positions will be disclosed at the time of publication, although subsequent changes to those positions will be made without notification. The information contained in blog posts is believed to be accurate when published, however, mistakes could be made. As a result, do not rely on the content exclusively for your investment due diligence. The commentaries published do not constitute investment advice, as readers’ personal investment goals and risk tolerances will dictate which investments are appropriate for them. Our blog is meant to be one of many sources for readers to conduct their own research into specific investments. Consult an investment professional before acting solely on information found on this site. If you do not have an investment professional to work with, you may contact Peridot Capital Management LLC directly.