Re: Samsung Hard Ball - et al
in response to
by
posted on
Jul 13, 2009 11:08AM
That's the most optimistic post of the month.
Anything above $4.00 would be astounding, and of course would be rejected as RP stated that $21.00 would be the minimum edig would accept.
That comment makes the amount almost 6 bullion or 195 times the present market cap.
Even at $1.00 EPS (which is 282 million dollars net income) the amount would approximate 21 times the market cap. And to achieve $1.00 EPS, we would have to settle with almost all of the 184 infringers in a single year, which would mean the following years would be void of substantial income as compared to the 282 million.
Don't forget wea are talking about Samsung, the current speculative transaction, therefore they would be looking at the current scenario of buying now. If you spread out the settlements over more years then the net income becomes less per year and ROI potential results in a far lesser number.
The market evaluates acquisitions based on financial information, not wishful thinking.