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re: Fair Value
re: Google

http://webcache.googleusercontent.com/search?q=cache:luvIrdz...


Using Jim Cramers formula of eee times emm equals pee which have been written in many of his books.

the E x M = P equation. E stands for earnings, M stands for what multiple of the stock, and P stands for price of the stock.

Let's use GOOG as an example.

http://finviz.com/quote.ashx?t=goog&ty=c&ta=1&p=... for target price

E:
http://finance.yahoo.com/q/ae?s=GOOG kruz on down to EPS Trends then all the way to the right under current year dec 10 and next year dec 11. Cramer always uses the latter in his presentations. circle 31.24

M:
http://www.smartmoney.com/quote/GOOG/?story=snapshot&sym... kruz on down to where will you find P/E (forward). circle 21.21

$31.24 x $21.21 = $662.60 which is pretty close to the target price by FINVIZ.com's site as noted above. Google is way under value.

Quillnpenn -
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