Note: I found that I made a serious mistake in estimating the cost of equity in this valuation; Please check this Link while reading the cost of equity and cash flow part. Words for Readers This analysis is meant to teach those with NO investment experience or those who have attended business school but only know how to price a company rather than value a company. If you are interested in learning investment from this analysis, I recommend you pick a company and value at the same time while reading this paper. It took me several days to learn most of the knowledge I used in this paper, but it took several months when I valued the first company (My first valuation is AMD, not for this one, though). Not until you started did you realize that you always have things to figure out. Along the analysis, I will try my best to explain any financial terms you may have never heard of. If you feel confused, please be patient and follow my path. If you still cannot understand some ter...