Expedia's stock price hit an all time high last week. Making travel arrangements online is convenient, fast, and cheap... I wouldn't want to do it any other way. Whenever I ask the people who sit next to me on planes where they got their tickets, I almost always hear: Expedia.com (EXPE), or Travelocity.com (TVLY), or priceline.com (PCLN).

Expedia's stock has more than tripled since the terrorist attack last Fall, proving that 1) people haven't stopped traveling, 2) e-commerce is alive and well, and 3) the best time to buy stocks is when things look worst.

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Chairman MaoXian