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Technology Stocks : Alphabet Inc. (Google)

GOOGL 330.50

+0.6%

Jan 22 3:59 PM EST

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To: Lizzie Tudor who wrote (7680)	2/16/2006 12:24:14 AM
From: Lizzie Tudor	Read Replies (1) of 15857

this is from Cramer James J. Cramer: I remain upbeat on the company's outlook, even though it seems like everyone is suddenly ganging up on Google after the most recent quarterly report. Barron's took the latest swipe at the stock last weekend. I believe that Google is attractive to purchase below $350 a share. The company remains at the lead of a burgeoning Internet advertising business -- an area that could see its share of the overall ad market double from just 5% to 10% by the end of the year. thestreet.com I wonder if this was just an over the top comment by Cramer or he really has evidence that this is true. The US ad market is 300 billion per year with current internet advertising at around 15 billion total. If the internet pie doubles from 5% to 10%- this means a 30 billion dollar market of which GOOG will get a huge percentage. If this happened GOOG would probably earn $12 or something in 06.

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