edit: "I want to 'hear' the tone of what's happening in the voices of Wave management."
uhhh, GKS, no you don't!
the 2 most valuable things in a Wave buyout are:
1) $260Mil in losses that could offset other income
2) IP
howiever, w/TCG's RAND licensing, that only leaves the first item.
why would anyone pay $300Mil to buy $260Mil of losses & pay $40Mil for something that can be licensed under RAND terms?!?
AND a buyout would probably include a FAT payday for mgmt -- i doubt anyone would want to inherit the enterprise & all of its trappings.
SO, Snack... was dumping in AH a "big mistake"?!?
$95 in product income?!? i had to re-read that b/c most filings drop 3 digits & stipulate "results in thousands of dollars."
nope.
ninety-five dollars.
BTW, is NSM shipping yet?
edit: eamonn -- no, of course not. but does the math make sense for a $300Mil buyout?
Snack -- you are correct, the day ain't over... it will get worse.
fall in-to the gap.
