Value Microcaps Motherboard

[10 bagger]

GOOG puts...

You need time and room... GOOGLE is fairly valued here because the company will not give guidance.. That puts a risk factor to own GOOG and I don't believe a multible of more than 35 is justified...If GOOG earns 6.80 to 8.50 as the talking heads say the price value after the next 3 quarters would be in my opinion $238.00 to $300.00... If they miss or slip the multible contracts to 25 to 30 and at 6.00 which is still a substantial increase for the year GOOG should trade at $150.00 to $180.00...Jan 07 puts are at 20.00 and if GOOG were to trade anytime until Jan 06 to $400.00 the value would still be $8.00,, But if GOOG were to trade at $265.00 before Jan 06 the value would be $37.00 and If GOOG were to trade at $220.00 before Jan 06 the implied value would be $55.00 and would increase by $1.00 in value for each declining GOOG dollar thereafter...So if Goog goes up $100.00 you loose 60% and if it goes down $50.00 to $250.00 you make 100% on you money...The longer you wait the more compelling this becomes and the higher it goes the further the fall... As for me this exercise has points in price just too far away from the current price it would be pure speculation...FRGB @82.00 will probably will earn 7.15 this year and at a 18 multible $128.00 seems a shoe in for a $44.00 or over 50% gain and it is already up 25% in the contest.. If it sported GOOGLES current multible FRGB could be trading at $645.00...It has the same growth but it's not tech...It's my largest position..MBLA blows them both out of the water for growth but you pay for it in the PE,,, MBLA is my 11'th largest position...hank