RE:Rough calculation of stock market's excess discount...55c
Good exercise shareholders. A few observations: 1. I believe the excess cash, once Q3 is announced in a couple of weeks, could be +$30M to $50M higher on the back of the Motorola license. 2. There are 113M shares outstanding. 3. How did you come to the 25% discount on ITS? These items likely make the Wilan value zero, or close to it.