Virnetx Holding Corp. (AMEX:VHC)

NewConstructs (< 20) Submitted: 4/15/2011 10:09:15 AM : Start Price: $22.50 VHC Score: -33.73

Is VHC the next Google? The market’s current valuation seems to suggest it is that and much more.At $25.50, the current stock price implies the company will grow its revenues (presumably from patent licenses) at over 100% compounded annually for 15 years while, simultaneously, improving its return on invested capital (ROIC) from -80% to over +120%. Shoot, those expectations make GOOG’s early valuation look quite small.