Fannie Mae-No Politics (FNMA)

[imtheshadow]

cap, go back and look at the original statement by contrarianbull that i was responding to. having said that, there is nothing wrong with your methodology either, it just starts with two highly speculative assumptions - that is, the net income and pe ratio. IF IF IF those assumptions were true at the time of the raise, than your calculation is simply one method that might apply - though you don't take into account possible warrant coverage on the raise. btw, yes, i did raise over $300M in equity in ipo's (s-1 filing), private placements, primary & secondary, underwritten and best effort offerings. cheers