Back in Sept, Sandisk rejected an offer by Samsung for cash, of $26/share. You can go to sandisk.com, click on news or PR's, and read the BOD letter rejecting the offer, as under valued etc.

Based on Yahoo! in checking this morning, and I do not know the date for these figures or if accurate today, but it shows 226,860,000 shares outstanding and 220,540,000 shares in float. SNDK opened at $16.00 this morning and is currently trading a few cents less.

A cash offer of approx $5,898,360,000.....

Lets see, the last time I checked EDIG, shares outstanding was approx 281,000,000. At $21/share that's $5,901,000,000......

There has been some speculation, dreaming and other thoughts, about RP's "wild comment" at the SHM...."we are not for sale for less than $21/share" which came up before the meeting was called to order, as the attendees were chatting about Sandisk's rejection of Samsung's CASH offer.

On Aug 14, a 7 year renewal of Sandisk's licensing agreement to Samsung begins for $175,000,000/year and it was $345,000,000/year for 7 years prior. That's $3,640,000,000 for LICENSING over 14 years.

Until I did the math this morning, had no idea how close the numbers were. This is not to say we will get bought by Samsung or anyone else, but it's possible and fun to dream about....(:>)

My last thought is, a buyer would then own our patents. Assuming the buyer could then recover for infringement as the patent owner, and I'd like some legal input from someone, the buyer could then recover a portion of the purchase price over time.

Wild thoughts coming from me...maybe, but every thing is for sale at the right price.