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n (4G) digital networks. The usage of these high-speed networks has been fueled by the growing demand for smartphones, such as Apple's 4G iPhone and Google Inc.'s Android- based G2. The rise in demand for smartphones has been largely driven by the significant growth in social networking, as these devices provi
f the Company as well as an analysis of future growth expectations in our estimation of the Company's cost of equity financing. The SSp was based on Morningstar's Stocks, Bonds, Bills, CONFIDENTIAL I WTAS LLC 27 EFTA00307422 WTAS ALIPHCOM - COMMON EQUITY VALUATION REPORT As of Julie 2o, 2011 and Inflation Valu
n (4G) digital networks. The usage of these high-speed networks has been fueled by the growing demand for smartphones, such as Apple's 4G iPhone and Google Inc.'s Android- based G2. The rise in demand for smartphones has been largely driven by the significant growth in social networking, as these devices provi
f the Company as well as an analysis of future growth expectations in our estimation of the Company's cost of equity financing. The SSp was based on Morningstar's Stocks, Bonds, Bills, CONFIDENTIAL I WTAS LLC 27 EFTA00307321 WTAS ALIPHCOM - COMMON EQUITY VALUATION REPORT As of Julie 2o, 2011 and Inflation Valu
n (4G) digital networks. The usage of these high-speed networks has been fueled by the growing demand for smartphones, such as Apple's 4G iPhone and Google Inc.'s Android- based G2. The rise in demand for smartphones has been largely driven by the significant growth in social networking, as these devices provi
f the Company as well as an analysis of future growth expectations in our estimation of the Company's cost of equity financing. The SSp was based on Morningstar's Stocks, Bonds, Bills, CONFIDENTIAL I WTAS LLC 27 EFTA00307220 WTAS ALIPHCOM - COMMON EQUITY VALUATION REPORT As of Julie 2o, 2011 and Inflation Valu
Entities connected to both Google and Morningstar's Stocks

George W. Bush
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the Internal Revenue Service
ORGANIZATION
Joi Ito
PERSON
Federal Reserve
ORGANIZATIONDoug Band
PERSON
Mao Zedong
PERSONLeon Black
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Eric Trump
PERSON
Scarlett Johansson
PERSON
Bloomberg L.P.
ORGANIZATION
Michael Jackson
PERSONMorningstar
ORGANIZATION
Oakland
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Palantir
ORGANIZATIONMatra
ORGANIZATIONMotion Limited
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the Board of Directors
ORGANIZATIONJulie
PERSONHewlett-Packard Company
ORGANIZATIONPlantronics Inc.
ORGANIZATION