Option has great risk. It happens, I also own QCOM stock and long-term leaps. Unlike you, I just unload my QCOM 30 Jan 07 calls few days ago at $8.00 (today at $8.80). Yes. Indeed, I made over 35% return on Option because the leverge (I could made more, but I still have stock). So I also don't understand why you compare stock with option.
In the financial world, it's about beating the benchmark, the index. If you can outperform the index, you are the winner. 1 year T-Bond, only can give u riskfree rate of return of 3-4%. Since I stated many many many times on this msg board, (and I say it again)buying GOOG below $280 is risk-free investment, because it's "guaranteed" to hit $350 by year end. That's why I compare GOOG with T-bonds, not ERTS.
I like ERTS, but after all, ERTS is not GOOG. And it doesn't have GOOG's potential. $350 is not the end for GOOG.
no, because I am telling u guys buying Goog since it was trading at $280. In addition, GOOG $350 by year end is guaranteed, chance of happening is 100%. Moreover, base on my estimate, GOOG will hit $350 in Nov. 1 month before ERTS hits $70. Furthermore, after GOOG hits $350, it will hit $400 by end of January next year.
All these makes GOOG the best pick in the tech space.