Free
Message: Re: $24.50, here is the answer from RP...Heck./COMBA...
3
Oct 28, 2010 09:08AM

I am disappointed with your taking a woosy stand by "Discounting your numbers by 40%"?!?... I guess I wil have to go to Cicero Street in Chicago and talk to the DON...

You need to go back to "THE GUTS SCHOOL" summer camp held in EMERALD BAY ESTATE at Lake TAHOE this coming summer...Lol...Lol...

In February-March 2000 the company was all about speculation, justified or otherwise. They were hugging Samsung at CES 2000 held January of that year, as they had no dime to their name;well they did buy some coffee mugs with the money from shares sold; they were debt ridden; and then PRESIDENT FALK cashed out at $ 13.5 to bank couple of million to tidey him over till th next HOME RUN...

Now, (1) they have no debt, (2) they have money in the bank, (3) they are actually paying salaries, (4) they are literally jumping out of their skins to tell us about the "elements" taht are to be disclosed this qaurter, and accoring to you they cn expect the following from their IP settlements:

"125/300 = ~ .4167

.4167 X 24.50 = ~ 10.20.

Factor out the hype during the tech bubble, and EDIG's fundamentals in 2000 vs today, and my WAG would be to discount it 40% or more, to mean about $6.

I am not predicting $6, just trying to answer the questions raised on this topic."...

Now that I hope I have shored up your sagging spine, go ahead and re do your calculations, reducing your discount from 40% to no more than 5% and let's see what numbers you get...Lol...Lol...

Gil...

Share
New Message
Please login to post a reply