Re: $21.00 a share....what are they smoking? DB-richardo DB
in response to
by
posted on
Jan 07, 2009 08:05AM
I can't diagree with anything you state.
I would not be surprised if the pps reaches $10 or $20 or possibly higher.
My point regarding any potential boyout ( and I stated that I believe that RP and group is not interested in any kind of boyout) is earnings over any period of time you choose related to the buyout price and if there is no favorable return then a buyout will not happen
No company is going to pay even at $10.00 per share, 3 billion for future profits of hundreds of millions in net profits, not even 3 billioin net as there would be no investment return.
I offered a potential range based on set of circumstances, any numbers you choose, and asked you to do the same.
We do not kn ow the future and with an appropriate am ount of money and with new products and acquisitions, I cannot see them generating 3 billion or more in profits within 5-10 years.
I don't think that is being to negative.