lela - 8:05 am on Jul 14, 2005 (gmt 0)

That will be a great success for chinese search industry whether baidu IPO get failing or successful.
Its the first pure-search player in China crash into USA securities market.

It will pave the road for the later possible ones, leave them some experiences or valuable lessons to help them go public more smoothly and maturely.

I admire Baidu very much for their courage and insight. There may be a benign circle after the IPO.
As the prospectus said, the 8 mln will be used for new products development and network capacity expand.

I really hope Baidu will have a great successful IPO.