RE:RE:RE:RE:RE:RE:So when does the takeover news come out? Pokerchamp wrote: Yes, we can definitely bank on $2.05 a share on a $500 njmillion takeover bid. We just can't bank on a $500 millin bid if that's based on hundres of millions of future profits as we are nowhere near profitablilty, but less in the hundreds of million that you are talking about. any takeover this year would be at well under a dollar as we are unliekly to break even this yer as DC sales won't ocme till the4 second half and VR/MR are in the doldrums it seems.
O.K., Nevermind. I see you have no idea how takeovers are valued. (Hint: they are not valued based on what the Company could make THIS year, but on a Discounted method of what they could make IN EVERY FUTURE YEAR AS WELL).
But, nevermind...