Fannie Mae (FNMA)

[F1Greenwest]

In my opinion, the projection of the ackman pps is correct, if the warrants are executed (complicated thing because the debt has been paid with interests) all there money must be counted as assets, making the value of the company rise considerably and consequently the value of the 'diluted' shares. if we add an annual net income of about 10b to all this, we will have annual profits of $2/share more or less. for all that I have exposed I think that the estimate of $25-45 made by ackman is quite prudent