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Re: mnvestor post# 4571

Thursday, 07/20/2006 7:33:39 AM

Thursday, July 20, 2006 7:33:39 AM

Post# of 169297
The bottom line to me... with all these new shares coming in, the company does not want to shell out $13-$14 per share to the new holders. Therefore, they would be much happier to spend their capital alloted to that project to buy back shares as they have mentioned before. The natural price of the stock is expected to be $7-$21 after the merge... and if they can buy back shares to inflate the price to $15 in the next few days... they would have no concern about paying out $200 million to new holders... rather they could pay around $10-$50 million to eat up most of the float here.

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