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Re: None

Sunday, 03/26/2006 1:39:37 AM

Sunday, March 26, 2006 1:39:37 AM

Post# of 23266
Question only for the pros:
Ok, so PTSC is now making money and they release 2 dividends, for a total of 6 cents a share, which equals app. 18 million dollars. Now the company no longer has the 18 mil $, so that should make the company's value go down, right? What's the company worth now? It seems like they got rid of all debt and almost all cash on hand. It seems to me that the current PPS is way to high based on a 300,000,000 OS count after giving away so much money in the dividend. $1.60 x 300 mil= $480 mil market cap. Also, I think people have forgotten that they have to share all monies recieved with TPL.

I'd love to hear comments and see the math from those that are pros and in the know about these types of things.

Thanks in advance




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