From the Yahoo board:
"Palm has $590M in cash and $387M in debt. So they get some cash."
So for $203 million in cash, HP is paying $1.2 Billion. That IP and product design, along with branding, is being given a BILLION DOLLAR price tag even though it has proven to be non-competitive in the market.
EDIG currently finds itself with no debt and with the prospects of a growing cash flow. The share price should mininally mimic the cash value, as the coffers fill.
Looks like later this year for this to happen, but I am open to the defense's willingness to settle any time.