Rediff In the News

Originally Published In the News 7/16/07

Investors with active imaginations like to extrapolate trends. Google’s success fired up the masses over Baidu’s (BIDU-NASDAQ) prospects. Is it now Rediff’s turn? The company might be more of a content play than search, but investors recently bidding up the shares are overlooking the possibility they are getting on board the next Yahoo!. A major Indian newspaper is reporting that Rediff (REDF-NASDAQ) is in play, with both American behemoths vying to buy the company.  Barron’s slammed the stock’s valuation in a piece this weekend, and the battle lines are being drawn. Rediff might not be a cash cow but in a global bull market, nothing is sacred, and everything is on the table. No Positions

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