I’ve been talking about google.com to many people saying what a wonderful company it is and that it is a good investment. I’ve decided to put my money where my mouth is and buy the damn thing… so here it is…
Why do I think GOOG is such a great company?
Check out google’s financials!! its awesome (especially with all the credit crunch worries… google like many other tech companies don’t borrow money! – i.e. no credit crunch problems) –
Google’s Financials
The Trade – 4/12/2007
GOOG
Options/Contract = 100
Buy 100 QOOG @ $688.90 ($68,890.00)
Sell 1 QOOG $690.00 Call @ $22.60 ($2,260.00)
Time Value: $22.60
Intrinsic Value: $0.00
Breakeven Point: $666.30
Assigned Return: 3.43% ($23.70/$690.00)
Unassigned Return: 3.28% ($22.60/$690.00)



December 6th, 2007
Yong-Long Lai
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