Subject: Alibaba: Is the price justified?

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Alibaba: Is the price justified?
Alan Tang lays out the Alibaba story.
It’s no doubt that for the past six weeks investors have had their eyes on the e-commerce sensation Alibaba (BABA), who had the biggest U.S.-listed IPO in history, being valued at an astounding amount of $167.6 billion during its opening day on September 19. That's more than double eBay's (EBAY) $64 billion market value and it even tops the market cap of Amazon (AMZN). Surprisingly, Alibaba is the fourth most valuable technology company in the world, beating out IBM, Samsung and even Facebook. Despite its size and market value...Read more
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